1.2GW of CPV in 2016 according to IMS Research

1.2GW of CPV in 2016 according to IMS Research

IMS Research, September 26th, 2012 The concentrated photovoltaic (CPV) market is forecast to double in 2012 and reach almost 90 MW or $325 million, according to a new report from IMS Research (recently acquired by IHS Inc. (NYSE: IHS)). Furthermore, IMS Research predicts installations of this emerging technology will grow rapidly over the next five…

CPV to gain momentum as European subsides decline

CPV to gain momentum as European subsides decline

Lux Research, June 26th, 2012 According to a new report from Lux Research, “Putting High‐Concentrating Photovoltaics into Focus,” the concentrated PV market will expand extensively in the next five years. The market for high-concentrating photovoltaics (HCPV), also known as concentrated photovoltaics (CPV), will be worth $1.6 billion by 2017. The June 26 report claims that…