IHS says HCPV Systems to reach higher efficiencies, boosting appeal against conventional solutions

IHS says HCPV Systems to reach higher efficiencies, boosting appeal against conventional solutions

IHS, March 10th, 2014 Consistent improvements in technology and gradually lower costs will drive high-concentration photovoltaic (HCPV) systems to superior efficiencies, making HCPV an increasingly viable rival to conventional solar-generating solutions, according to the latest analysis from IHS Technology (NYSE: IHS). The cell efficiency of HCPV systems, currently at 40 to 42 percent, will exceed…