How do industry analysts view the future of solar energy?

Fund manager and former corporate buyout specialist, Travis Bradford, applies business and economic forecasting models in his book, Solar Revolution (MIT Press, 2006), to conclude that “solar energy will increasingly become the best and cheapest choice for most electricity and energy applications.” Bradford attributes this outlook to accelerated developments in the photovoltaic (PV) industry. As production costs continue to decline, demand for PV electricity will outpace systems supply. According to Bradford, “the shift to solar energy is inevitable and will be as transformative as the last century’s revolutions in information and communication technologies.”

In a review of Solar Revolution, Denis Hayes, former Director of the U.S. National Renewable Energy Laboratory, states that solar energy is the “permanent answer that can reverse climate change, eliminate oil shocks, and avoid future Chernobyls...solar energy is the most disruptive technology in history.”

What has been the fastest-growing segment of the photovoltaic market?

Grid-connected systems for commercial and residential use make up the bulk of the PV solar market. Today, these systems are largely sets of silicon-based PV panels retrofitted onto rooftops. Although efficient, both manufacturing and installation costs remain too high for mass-market adoption.

How is the photovoltaic market projected to evolve over the next decade?

The worldwide market for photovoltaic modules grew at a compound annual rate of 40% over the past decade, accelerating to a 60% increase in 2006 over 2005 to reach over $10 billion in sales. Industry analysts project that building-integrated photovoltaic (BIPV) systems will represent the fastest-growing segment over the coming decade. Solving some retrofit issues, BIPV systems both reduce costs and improve aesthetics by embedding thin-film PV directly onto building materials in new construction.

How could BIPV impact global solar electricity?

Currently, the PV market generates less than .5% of global electricity. With the market proliferation of BIPV, the U.S. Department of Energy projects that 50% of the electrical needs of buildings in the US can be met by BIPV systems, and similar results are possible in other developed countries.

What countries have the strongest government support for solar power?

International markets with the strongest policies in support of solar, including low-interest loans for systems installation and price structures for utility payback of PV-generated power, include Japan, South Korea, Germany, Italy, Spain and China. In the U.S., policy is set at the state level, and solar power is currently most strongly supported by California and New Jersey.

Is the cost of photovoltaic modules measured in dollars per watt the best way to evaluate and compare alternative technologies?

Although widely used, this is really a measure of the initial cost of just one part of the entire electricity-generating system. It ignores some very important factors: the efficiency of photovoltaic devices, their lifetime, and the cost of the rest of the system in which they are installed. The best measure is the actual cost of the electricity that the system itself generates over its lifetime, measured in cents per kilowatt hour.

What kind of business partners is CPP Solar seeking, and how do I become a partner?

CPP Solar created unique partnerships with manufacturers of solar products. CPP Solar is now seeking partnerships to create value in the areas of distribution of our photovoltaic products. Our goal is to produce the value-added material. Our partners will produce or distribute the value-added systems or products. Together, we take a high-performing and cost-effective system to market. At this time, we are only entertaining, established, large scale partners who can make a significant commitment.

If you think your company meets our initial criteria and are interested in getting started, visit our Partner section for more information and Contact Us. Please be sure to provide your company's Website address for our review as well.

If your company is an upcoming player in the industry, we would encourage you to stay tuned by visiting our Website on a regular basis and contact us at a later time.

Does CPP Solar do business internationally?

Yes. We work with business partners around the globe and are initially focusing on countries where there is both immediate government and/or commercial support for our presence and growth.