Thin-Film Solar Energy Growing 100 Percent Annually
Thin-film solar grew 102 percent annually from 2006 to 2010, as costs fell. By 2009, thin-film reached 23 percent of total solar market share. By 2013, it should reach 30 percent. Over 160 companies currently compete in the thin-film space, with First Solar being the billion-dollar giant who is the cost leader with large-scale electric utility projects. GTM Research dives into the complex issues of cost curves, investor risk, and market demand, to forecast the future for the industry.