CPV reaches for more sunlight

December 17, 2009

As young and developing as the solar photovoltaics industry is today, concentrating photovoltaics finds itself in an even more nascent stage, fighting for visibility and funding in a burgeoning solar market. The CPV industry is about where the thin-film PV industry was seven or eight years ago, struggling for bankability, according to Nancy Hartsoch, director of the CPV Consortium (Sunnyvale, Calif.).

There is a long list of CPV companies in the solar industry — close to 40 in all — but only a few of them are likely to survive, said Eric Wesoff, senior analyst for Greentech Media. "That's not cynical," he said. "That's just venture capital odds," according to a Dec. 15 PVSociety.com report.

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