Photovoltaic Installation Projected To Surge

ALBANY, N.Y. — The amount of building applied photovoltaics (BAPV) installations will more than double by 2020, according to a market research report from Transparency Market Research.

The report, “Building Applied Photovoltaics (BAPV) Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 – 2020,” gives analysis and a forecast of the global BAPV market in terms of annual installations (MW) and revenues. Annual installations in 2013 were 313.4 MW; this number is expected to jump to 716.7 MW by 2020.

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First Solar Shuts Down Alternative PV Tech Project

TEMPE, Ariz. — First Solar, a Tempe, Ariz.-based producer of thin film solar modules, is closing an alternative photovoltaic technology project rumored to employ the same technology as Solyndra, though the company is not disclosing the details of the research.

First Solar and Solyndra are among a group of Western panel makers undercut by cheaper competition from Chinese manufacturers such as Suntech Power Holdings Co., the world’s largest, according to Bloomberg Reports.

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