ipvea update january 2012

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INTERNATIONAL PHOTOVOLTAIC EQUIPMENT ASSOCIATION IPVEA.ORG IPVEA: EUROPE P.O. Box 1610, D-63406, Hanau, Germany IPVEA: USA P.O. Box 771507, Orlando, Florida 32877 Tel: +1 407 856 9100 IPVEA: ASIA Room 603, APEC Plaza, 49 Hoi Yuen Road, Kwun Tong, Hong Kong Tel: +852 2623 2317 MANAGING DIRECTOR: Bryan Ekus [email protected] Registration Number: Court Hanau VR 31714 Issued on behalf of the International Photovoltaic Equipment Association (IPVEA). IPVEA has used its best efforts to ensure that all the information in this publication is up- to-date. Any warranty to the correctness and actuality can not be assumed. IPVEA reserves the right to make changes or additions to the information made available at any time without notice. © 2012 International Photovoltaic Equipment Association. All rights reserved. Contents may not be reproduced by any means, in whole or part, without the prior written permission of the publisher. The opinions expressed in this publication are not necessarily those of IPVEA. update January 2012 SEND NEWS TO [email protected] SUBSCRIBE TO OUR NEWSLETTER PVMATRIX ARE YOU IN? Industry News Exclusive Reports Analysis & Data Latest Innovations Solar Events IPVEA Member News Inside IPVEA Savings & Discounts IPVEA members are invited to supply presentation outlines to be reviewed for inclusion in the 3rd PV Production Forum 2012, jointly organised by IPVEA and EU PVSEC. The one day event will be held within the auspices of the 27th EU PVSEC 2012 exhibition taking place in Frankfurt, Germany, 24-28 September 2012. PV Production Forum provides attendees with best practices and case studies on how to increase throughput, efficiency and save money in PV production. The 2nd PV Production Forum 2011 drew over 200 attendees with a programme line-up that included Applied Materials, Suntech, VLSI Research, Siemens and Fraunhofer IPA. The deadline for Call for Speakers: 3rd PV Production Forum 2012 is Monday 30 April. Submit presentation summaries at www.ipvea.org/index.php?id=431> EXCLUSIVE Page 8 Taking the temperature of the PV industry CALL FOR SPEAKERS: 3RD PV PRODUCTION FORUM 2012 PLANSEE joins IPVEA IPVEA is pleased to announce new member PLANSEE High Performance Materials, part of the PLANSEE Group.

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Page 1: IPVEA update January 2012

InternatIonal PhotovoltaIc equIPment assocIatIon IPvea.org

IPVEA: EUROPEP.O. Box 1610, D-63406, Hanau, Germany

IPVEA: USAP.O. Box 771507, Orlando, Florida 32877 Tel: +1 407 856 9100

IPVEA: ASIARoom 603, APEC Plaza, 49 Hoi Yuen Road, Kwun Tong, Hong KongTel: +852 2623 2317

MAnAgIng DIREctOR: Bryan [email protected]

Registration Number: Court Hanau VR 31714

Issued on behalf of the International Photovoltaic Equipment Association (IPVEA). IPVEA has used its best efforts to ensure that all the information in this publication is up-to-date. Any warranty to the correctness and actuality can not be assumed. IPVEA reserves the right to make changes or additions to the information made available at any time without notice. © 2012 International Photovoltaic Equipment Association. All rights reserved. Contents may not be reproduced by any means, in whole or part, without the prior written permission of the publisher. The opinions expressed in this publication are not necessarily those of IPVEA.

update

January 2012

VISIT IPVEA.ORG TO SEE ALLIPVEA MEMBERS PROFILES

CLICK TO VISIT IPVEA.ORG AND READ MORE ABOUT ITS BOARD AND MEMBER SERVICES

CLICK HERE TO VISIT SCHILLER AUTOMATION’SWEBSITE & READ MORE ABOUT THE COMPANY

SEND NEWS [email protected]

SUBSCRIBE TO OUR NEWSLETTER

VISIT IPVEA.ORG TO SEE ALLIPVEA MEMBERS PROFILES

CLICK TO VISIT IPVEA.ORG AND READ MORE ABOUT ITS BOARD AND MEMBER SERVICES

CLICK HERE TO VISIT SCHILLER AUTOMATION’SWEBSITE & READ MORE ABOUT THE COMPANY

SEND NEWS [email protected]

SUBSCRIBE TO OUR NEWSLETTER

PVMATRIX ARE YOU IN?

Industry NewsExclusive ReportsAnalysis & DataLatest InnovationsSolar EventsIPVEA Member NewsInside IPVEASavings & Discounts

IPVEA members are invited to supply presentation outlines to be reviewed for inclusion in the 3rd PV Production Forum 2012, jointly organised by IPVEA and EU PVSEC.

The one day event will be held within

the auspices of the 27th EU PVSEC 2012

exhibition taking place in Frankfurt,

Germany, 24-28 September 2012.

PV Production Forum provides attendees

with best practices and case studies on

how to increase throughput, efficiency

and save money in PV production. The

2nd PV Production Forum 2011 drew over

200 attendees with a programme line-up

that included Applied Materials, Suntech,

VLSI Research, Siemens and Fraunhofer

IPA.

The deadline for Call for Speakers: 3rd

PV Production Forum 2012 is Monday 30

April.

Submit presentation summaries at www.ipvea.org/index.php?id=431>

EXCLUSIVEPage 8

Taking the temperature of the PV industry

Call for SPEaKErS: 3rd PV ProduCtion forum 2012

PLAnSEE joins IPVEAIPVEA is pleased to announce new member PLANSEE High Performance Materials, part of the PLANSEE Group.

Page 2: IPVEA update January 2012

2 | IPVEA UPDATE | JANUARY 2012

KEY EVEntS

13-14 March 2012 CCD.Süd Messe Düsseldorf, Germany

energy storage - InternatIonal summIt for the storage of renewable energIesEfficient storage technologies play a pivotal role in a sustainable energy supply based on renewable energies. The role that energy storage plays in future energy supplies is the topic of ‘Energy Storage – International Summit for the Storage of Renewable Energies’ in March 2012.

The conference with accompanying technical exhibition, celebrating its premiere on 13 and 14 March 2012, will focus on practical feasibility.

Representatives from research, industry, politics and energy supply will get together in order to shed some light on commercially viable applications and innovative concepts for energy storage as well as on their potential and affordability.

Chairman of the Programme Committee is Prof. Dr. Eicke R. Weber, Spokesman of the Fraunhofer Energy Alliance and Head of the Fraunhofer Institute for Solar Energy systems in Freiburg.

Session themes at a glance:

� Overall Context of Energy Management and the Role of Storage Technologies for future Energy Supply

� Electrochemical Storage (Batteries) � Thermal Storage � Renewable Hydrogen and Methane - Power-to-Gas � Large scale Hydro Storage and European Grid

Integration � On-Grid electrical Energy Storage - Systems Design

Finally, there will be a discussion involving all session leaders about the status quo of the technology, applications and innovations and about the future prospects for energy storage.

Energy Storage - International summit for the storage of renewable energies’ is organised by Messe Düsseldorf in cooperation with Solarpraxis AG.

The conference language will be English with simultaneous translation into German.

IPVEA MEMBER BENEFITS

Special rate for IPVEA members to attend the conference

EARly BIRd FEE €795 (instead of standard application fee of

€945 / late bird fee of €1,095)

www.energy-storage-online.de/

21-23 March 2012San Jose, CA, USA

solar manufacturIng and relIabIlIty conferenceThe program will consist of presentations and discussion covering the reliability testing of PV modules, identifying gaps and showing where future work needs to be done. It will highlight various reliability programs being done in the industry with an assessment of current and evolving standards in manufacturing and reliability. This will include the work of the PV QA Forum Task Force groups who will submit their recommendations to the various IEC and other international standard groups.

IPVEA MEMBER BENEFITS

In the coming weeks IPVEA will provide information on benefits that its participation in this event affords members.

www.smta.org/solar/tech.cfm

IPVEA MEMBER BENEFITS

Special rate for IPVEA members to attend the conference

EARly BIRd FEE €795 (instead of standard application fee of

€945 / late bird fee of €1,095)

IPVEA MEMBER BENEFITS

In the coming weeks IPVEA will provide information on benefits that its participation in this event affords members.

Page 3: IPVEA update January 2012

IPVEA UPDATE | JANUARY 2012 | 3

EVENTS

Page 4: IPVEA update January 2012

4 | IPVEA UPDATE | JANUARY 2012

KEY EVEntS

25-28 September 2012Frankfurt, Germany

27th euroPean PhotovoltaIc solar energy conference and exhIbItIon

call for Papers & information for exhibitorsEU PVSEC, the leading conference and the trendsetting industry exhibition in the field of photovoltaics has released details of this year’s event.

The conference comprises more than 1,500 presentations in plenary, oral and visual sessions. In addition, the 27th EU PVSEC offers;

Parallel events, such as:

�� 9th European PV Industry Summit, jointly organised with EPIA, the European Photovoltaic Industry Association

�� 3rd PV Production Forum 2012, jointly organised with IPVEA, the International Photovoltaic Equipment Association. (see front page)

�� EU PVSEC Business Forum 2012, focusing questions for the global PV industries

Subjects include:

�� Materials studies, new concepts and ultra-high efficiency

�� Wafer-based silicon solar cells and materials technology

�� Thin film solar cells (including OPV)

�� Components for PV systems

�� PV systems

�� PV – a major electricity sourceDeadline for receipt of abstracts is 15 February 2012

The 27th EU PVSEC will be held in Frankfurt. According to Dr Stefan Nowak in his chairman’s address, the city has: “a combination of attributes which will hopefully open our minds in searching for new solutions. The pulsating feature of a major financial market place, important industrial manufacturing activities, a European hub for international air and train travel, as well as a prominent conference and exhibition center… I would therefore encourage and invite all of you to think out of the box, go beyond the short term, advance your ideas and take part in the discussions which will take place at the 27th EUPVSEC in Frankfurt.”

Call for Papers and Exhibition information can be downloaded at www.photovoltaic-conference.com

19-20 April 2012Mahatma Mandir Convention Centre (MMCC), Gandhinagar, Gujarat

IndIan solar Investment & technology 2012 summIt & exhIbItIonThe Indian Solar Investment & Technology Summit 2012 (ISIT 2012) will bring together senior government officials, leading solar cell manufacturers, module manufacturers, equipment suppliers and solar developers from all over the world to discuss the latest industrial policies, India’s solar projects progress and advanced technology solutions and equipment selection.

The strategic conference will focus on three core themes:

�� Investment - The significance of solar in India – objectives, aspirations and opportunities

�� Technology & Manufacturing - Potential for PV R&D & Technological development in India

�� Development - Identifying the hottest areas for project deployment in India

www.solarsummitindia.com/

16-18 May 2012 Shanghai New International Expo Center, China

snec Pv Power exPo 2012 6th InternatIonal solar Industry and PhotovoltaIc exhIbItIon & conferenceFollowing the success of five previous SNEC events, Shanghai New Energy Industry Association (SNEIA) plans to hold the 6th (2012) International Photovoltaic Power Generation Conference & Exhibition, SNEC (2012) from May 16 to 18, 2012 at Shanghai New International Expo Center.

IPVEA MEMBER BENEFITS

10% discount on raw booth space.

www.snec.org.cn

IPVEA MEMBER BENEFITS

10% discount on raw booth space.

Page 5: IPVEA update January 2012

IPVEA UPDATE | JANUARY 2012 | 5

EVENTS

Member Profile sponsorship package for SNECA unique opportunity for IPVEA member companies to promote themselves within IPVEA publications at the major trade show SNEC.

Sponsorship package includes:�� 2-page company profile in IPVEA update

based on interview with C-level executive (€ 1000)

�� 1 x full page advertisement in the SNEC (May 2012) or EU PVSEC (September 2012) of IPVEA update (€ 1500)

�� Banner advert in September IPVEA update : bulletin (€ 750)

�� 1 x full page advertisement in the SNEC or EUPVSEC show review issue of IPVEA update (€ 1500)

�� 1 x banner advert on IPVEA.org (€ 1200)

�� Total package value € 5950

�� Special offer (if confirmed before 29.02.2012) €3500

Space limited to 3 members per edition Email [email protected] to find out more

Page 6: IPVEA update January 2012

6 | IPVEA UPDATE | JANUARY 2012

mEmBEr nEWS

Plansee

PLAnSEE joins IPVEAFounded in 1921, in Germany, PLANSEE is a leading supplier of high performance materials produced by powder metallurgy. The privately owned firm has facilities at 29 locations in 16 countries.

Worldwide, over 2,000 personnel contribute their comprehensive knowledge of industries and applications towards the development of customized materials and innovative products. Our customers value experienced contact partners, personal customer service and continuity in co-operation.

By continually increasing production capacity, competences and international presence we are ensuring our role as a strong partner for research and industry. In close co-operation with our customers, we develop material solutions for future technologies such as clean energy, medical technology, electronics, and mobility.

PLANSEE High Performance Materials is one of the four divisions of the PLANSEE Group.

www.plansee.com

btu InternatIonal

tRItAn™ HV90 metallization firing system exceeds industry specification for yieldBTU International has announced that its TRITAN™ HV90 dual-lane metallization firing system exceeds industry standards for wafer breakage, boasting a yield better than 99.99%, exceeding the industry standard for metallization firing.

In a field test consisting of over one year of full production, the TRITAN HV90 had a breakage rate of less than 0.01%, less than half of the industry standard of 0.02%.

www.btu.com

oerlIkon solar

2nd generation thinFab™ for thin film silicon module manufacturing The 2nd generation ThinFab™ line, announced by Oerlikon Solar in December, allows a capital expenditure (Capex) reduction of more than 20%.

The estimated price for the complete end-to-end production line is $1/Wp including engineering support and performance guarantees, enabling customers to produce high quality thin film silicon modules for cost of around $0.5/Wp (€0.35/Wp).

Key improvements in the 2nd generation ThinFab™ include increased manufacturing line output, guaranteed higher module efficiency and new narrow-gap reactor design for silicon deposition.

The new ThinFab™ was officially launched at the World Future Energy Summit 2012 (WFES) in Abu Dhabi (16–19 January) at the Oerlikon Solar booth.

www.oerlikon.com

avancIs & sIngulus

Expands cIS production with Singulus equipment Avancis, a leading manufacturer of CIS solar modules, began production at its second plant at the company headquarters in Torgau, Germany in December.

The new production facility for state-of-the-art CIS solar modules has an overall capacity of 100 MWp a year, creating more than 200 new jobs.

The new plant allows Avancis to expand its annual production capacity from the current 20 MWp to 120 MWp. Construction began in June 2010 and was completed on schedule inside 18 months. At peak production the company will annually produce over 800,000 high-

NEW MEMBER

Page 7: IPVEA update January 2012

IPVEA UPDATE | JANUARY 2012 | 7

MEMBER NEWS

performance CIS solar. Singulus Technologies provided the equipment for the facility and technical approval was achieved in November 2011.

www.stangl.de www.avancis.de

soItec & m+w

Locally produces cPV modules for the US market with equipment supplied by M+WSemiconductor company Soitec has bought a facility in California which it is upgrading for production of concentrator photovoltaic (CPV) modules for the US market. The site, acquired from Sony Electronics, will be developed with a manufacturing capacity of 200 MW of Soitec’s fifth generation Concentrix™ CPV modules and with future expansion to double the capacity.

Investment in the line is in excess of $150 million and will create 450 on-site jobs.

Soitec will begin upgrading the facilities in early 2012 and plans to have its first phase (100 MW) production line operational by the fourth quarter of 2012. M+W US, Inc, a subsidiary of the M+W Group, has been chosen as general contractor for the facility construction work.

Situated inside the San Diego factory will be the joint venture (JV) Reflexite Soitec Optical Technology LLC, announced in November 2011, to produce silicone-on-glass (SOG) Fresnel lens plates used in Soitec’s CPV modules.

www.mwgroup.net www.soitec.com

washIngton mIlls & targray

targray adds silicon carbide wafer slicing powder to solar materials portfolioTargray Technology International has entered into the start of an Asian distribution agreement with Washington Mills AS for the exclusive distribution of its CARBOREX silicon carbide product in Taiwan.

Washington Mills AS is one of the world’s largest producers of high quality micro grits and sub-micron powders. With this distribution agreement, Targray now offers Taiwanese wafer manufacturers a complete line of high quality, tightly

graded silicon carbide grains and precision-sized powders capable of slicing silicon into ultra-thin wafers for better silicon yields and reduced costs.

Washington Mills’ CARBOREX silicon carbide powders are produced with the highest quality raw materials, resulting in particles with added toughness and wear resistance and provides customers with the ability to slice ultra-thin silicon wafers, achieve greater silicon yields and reduce total cost of wafer slicing.

www.washingtonmills.no www.targray.com

vItronIc

Electroluminescence inspection in module productionThe quality of the cells used and the production processes in module production have a considerable influence on the resulting electrical performance of the solar module.

VITRONIC’s VINSPECsolar electroluminescence inspection system detects inactive areas, cracks, weak active cells, cracks affecting electrical performance, micro-cracks and grid line interruptions.

Inspections can be conducted on the solar cell string and solar cell matrix before or after lamination as well as on the finished module, making it possible for the module manufacturer to intervene and implement improvements before lamination, optimizing the module’s performance. Classification of the modules, based on the electroluminescence inspection, takes place after lamination and the images are saved as proof of the quality.

www.vitronic.de

schIller automatIon

company expands internationallyRecognizing the increasing role and importance of North America and China, Schiller Automation has formed a new subsidiary to focus on its international activities.

Located near Boston, Massachusetts, a growing hub of solar companies, Schiller LLC will be the focus of markets for North America and other international efforts.

http://schiller-llc.com/index.php

Page 8: IPVEA update January 2012

8 | IPVEA UPDATE | JANUARY 2012

In this issue of Update, which kicks off 2012, IPVEA identifies some trends that will define the year ahead. Sara Ver-Bruggen

”Slowing in Europe will be offset by significantly higher growth elsewhere, particularly in the US, china and Japan.”

Page 9: IPVEA update January 2012

IPVEA UPDATE | JANUARY 2012 | 9

ARTICLE

taKing thE tEmPEraturE of thE PV induStrY2012 will be about the rise of new PV markets, to absorb some of the slack created by the slowdown in growth in core markets like Germany and ultimately establish new sources of demand.

In its Q3 2011 financial results press release PV manufacturer Suntech acknowledged continuing growth opportunities in the Americas and Asia Pacific, with demand for solar in China accelerating with the introduction of the first national feed-in tariff (FIT). Comments Björn Emde, European spokesman for Suntech: ‘the less solar PV has to rely on “saviour” markets the more stable the overall growth process can be.’ As well as Asia Pacific, Emde notes the US and also India are emerging as important PV markets.

John Odom, global business director of DuPont Photovoltaic Fluoromaterials, concurs: ‘We expect to see positive but modest growth in worldwide PV installations in 2012, in the 10% range or less. Slowing in Europe will be offset by

significantly higher growth elsewhere, particularly in the US, China and Japan.’

In the US the subsidy environment is expected to be stable and declining module and system prices are stimulating PV installation growth. On 1 July 2012 Japan’s FIT scheme comes into effect, which could result in over 30GW of renewable energy capacity, including solar and wind, being installed in the country over the next decade and trigger Japan’s quest to reassert itself as a leading PV market.

It’s all about qualIty, as oPPosed to quantItyIntensive capacity building by PV manufacturers went out with the old year, replaced by a need for cell and module efficiency improvements. Even

The shift towards utility scale PV installations places increasing emphasis on modules that can be guaranteed to operate reliably for 25 years or longer, often in harsh environments, which in turn is creating demand for high quality components and materials, as well as equipment enabling production of higher efficiency cells and modules.

Page 10: IPVEA update January 2012

10 | IPVEA UPDATE | JANUARY 2012

though module costs have come down significantly balance of system (BoS) costs have not fallen at the same rate, placing a premium on efficiency and higher power modules. According to Emde further price declines in the market are not imminent but the sector will continue to push down the levelised cost of energy for solar PV.

Not all PV manufacturing capacity is suited to higher efficiency solar cells and modules, which will thin out by as much as 2GW by the end of this year, estimates VLSI Research. Comments Odom: ‘Manufacturers with financial stamina and the ability to invest in producing higher efficiency and more durable modules, and those with strong market branding, will be in a good position to endure.’ Smaller and less advantaged PV manufacturers could see an increase in demand for contract manufacturing for the larger branded PV producers, Odom adds.

Aside from the headline-making insolvencies, the current situation in the PV industry could benefit companies, such as providers of new processing technology that can integrate into existing lines.

oPPortunItIes According to Sampo Ahonen, CEO of Beneq, a Finland-headquartered supplier of advanced thin film deposition equipment, PV

manufacturers are looking at what they can do to prepare existing capacity for ways to reduce the cost of module production as well as continue to enhance efficiencies of cells and modules. This includes a shift in focus to the c-Si solar cell backside.

Philip Pieters, business development director PV at Imec in Belgium, agrees: ‘So far there has been lots of work on optimising the frontside of solar cells by selective emitter technologies but the emphasis will be increasingly on industrialising passivated emitter and rear cell (PERC) technology.’ Both Imec and Fraunhofer ISE have carried out extensive work into PERC devices, which optimise reflection of the solar cell backside as well as passivation of

the rear surface to contribute to higher efficiencies. ‘To industrialise PERC, production lines can be upgraded with CVD-type tools and laser equipment’, adds Pieters.

According to Ahonen, a consequence of PV manufacturers reducing their utilisation rates and output provides them with more time to address what can be done to improve equipment, tools and production. ‘The slowdown is providing manufacturers with valuable time for learning to prepare for a pick-up in demand again that is expected to occur in 2013 or even late 2012.’

Emphasis on improving cell efficiencies with existing manufacturing processes also plays to the strengths of DuPont,

taKing thE tEmPEraturE of thE PV induStrY

”Despite the disappointing short term outlook in PV, we are confident that this market will grow at 20% cAgR over the next five years.”

China’s introduction of a FIT scheme in 2011

should ensure that the world’s largest source of

PV modules begins to emerge as a key market

for solar energy.

Page 11: IPVEA update January 2012

IPVEA UPDATE | JANUARY 2012 | 11

ARTICLE

which last year acquired Innovalight, a provider of a screen print-compatible silicon ink technology to produce selective emitter solar cells. In addition, adds Odom, ‘We are also driving efficiency improvements with innovations in metallisation paste formulations, which include cost reductions through lower silver content.’

As well as continued focus and emphasis on passivation technology and enhancing efficiencies through other approaches, equipment suppliers need to be able to provide tools and equipment capable of handling thinner and more fragile cell wafers as manufacturers strive to make less silicon go further.

Focus will also shift to cleaning to minimise contaminants within processing, predicts Pieters, which relies on cell manufacturers having control of incoming materials but also ensuring that contamination of tools and materials is kept to minimum within various processing stages. Inspection tools are important to help manufacturers pinpoint where contaminant risks lie in their processing lines, but there has to be a trade-off ensuring clean processes and over-investing in equipment to do this which can add to the cost of production. IMEC works with companies in the PV sector to focus on cleaner processing, in addition to other areas optimising industrial processes for PV and other types of semiconductor production.

lookIng ahead Despite leaner times ahead this is not the time for PV producers to cut corners and jeopardise quality. Other factors such as ensuring module lifetime and durability are also becoming more important. This trend is being driven in part by the shift towards utility scale PV installations. This will place increasing emphasis on modules that can be guaranteed to operate reliably for 25 years or longer, in harsh environments, which in turn is creating demand for high quality component materials, like backsheets, as well as equipment enabling production of higher efficiency, reliable cells and modules. Emde summarises that for PV equipment and materials suppliers, ‘It’s all about continuous innovation, reliability and overall quality, value and service to your customer.’

Odom says: ‘Regarding the current market situation, we’ve always known that module prices had to come down significantly to achieve grid parity in an unsubsidised market environment. So this is not a surprise and it will ultimately stimulate demand’. He concludes: ‘Despite the disappointing short term outlook in PV, we are confident that this market will grow at 20% CAGR over the next five years. It’s important to take the long view while responding to the current reality.’

take Aways�� Shift in focus from core

European markets to emerging markets such as China and India and increased demand in other markets such as the US and Japan

�� Module costs have come down significantly, though balance of system (BoS) costs have not fallen as sharply placing a premium on efficiency and higher power modules

�� Emphasis will switch to upgrade existing capacity where feasible and suppliers of materials and equipment that can be integrated into existing lines to reduce production costs and enhance efficiencies will benefit

�� In passivation technologies the focus will be increasingly on the backside of solar cells

�� Trend towards thinner cells and improving yields will provide opportunities for equipment suppliers

�� High quality materials and components in addition to tools that can lower production costs and increase efficiencies will secure opportunities for suppliers to the PV industry

�� Long term the outlook for PV is strong, while the industry has entered a dip that needs to be endured before growth picks up again.

Page 12: IPVEA update January 2012

12 | IPVEA UPDATE | JANUARY 2012

EXCLUSIVE

In an exclusive excerpt supplied by nanoMarkets, based on its report ‘Silver Inks and Pastes 2012’, the outlook for these materials in PV applications is examined.

The PV sector currently accounts for over half of the total silver inks and

pastes market. In volume terms this market will begin to contract, but there remain opportunities for silver inks and pastes; with most related to enabling the use of less silver or otherwise finding ways to reduce costs.

While the shift away from silver will continue for the less demanding back electrodes and tabbing strips, demand for silver in front electrodes will continue strongly, even increasing in some markets. Indeed, NanoMarkets sees a major opportunity for new formulations for crystalline silicon PV fingers and it seems unlikely that a suitable alternative to silver will ever be found in this specific application.

Sales growth is also expected for new, value-added silver products that can reduce the cost and quantity of silver used in PV. A key challenge and opportunity for silver ink/paste manufacturers is to continue making their products easier to use, and that means continuing to come up with new formulations, including nanosilver inks, that can be patterned more precisely, and processed at lower temperatures, with higher conductivity, and with lower manufacturing costs.

Opportunities for silver inks and pastes in the solar panel industry

Image: DuPontSupplier strategies and latest market forecasts for silver inks and pastes for solar PV and other industries are provided by ‘Silver Inks and Pastes 2012, a new report by NanoMarkets

Page 13: IPVEA update January 2012

IPVEA UPDATE | JANUARY 2012 | 13

REPORT

SIlVER IN ThIN FIlM Nonetheless, NanoMarkets expects the PV industry to represent a challenging market for suppliers of silver inks and pastes going forward. Crystalline silicon (c-Si) solar panels use more silver – both in total and per unit of cell area– than their new rivals; thin film solar and organic or dye sensitive cells. And these newer types of solar PV are likely to eat significantly into the market share of the silver-hungry c-Si panels.

This is not to say that there are no opportunities for selling silver into the newer technology segments in the solar panel industry. Some CIGS PV cells already use silver grids on top of the TCO front electrode. And amorphous silicon PV – admittedly the thin film technology with the lowest growth potential – will use some silver for both front electrodes and back electrode/reflector for the foreseeable future. NanoMarkets assumes that cost pressures will eventually thin the absorber layer in cadmium telluride cells, and a reflector may become an important part of the cell. Printed silver would be a good technical choice for this purpose.

Yet another factor shaping the market for silver inks and pastes in the solar panel sector will be the willingness of

governments to continue to subsidize PV. It is likely that many governments may cut back government financial support for solar power in the next one to three years. When this happened in Spain in 2009, the solar market in the country experienced a 75 percent decline in a single year. However, the Chinese government, at least, has publicly committed to expanding the role of solar as part of its domestic growth plan and this could turn out to be a saviour for the silver ink and paste makers that have bet on the solar market for substantial revenues.

ChINA The rise of the solar industry in China will benefit the Chinese silver inks/pastes suppliers the most, but other global suppliers can also reap the benefits, though smaller suppliers of silver pastes may have more trouble penetrating the market, as access to supply and logistics channels will be key determinants of success.

As all of the above implies, the days when the silver inks and pastes industry could count on the PV market to provide it with growth are over. But as Exhibit I shows, the decline is not likely to be precipitous and, as a result, inks and pastes firms will surely have time to look for new opportunities and adjust to the new realities.

ExCluSIVE OFFER TO IPVEA MEMBERS

NanoMarkets is offering a $500 discount off of the price of its report ‘Silver Inks and Pastes 2012’

To find out more please email [email protected], quoting ‘IPVEA’.

The report is the latest in NanoMarkets’ ongoing coverage of the silver inks and pastes markets, dating back to 2005. Following 2011 releases on nanosilver, silver powders and flakes and silver transparent conductors the report analyzes opportunities for silver inks and pastes in all relevant, major markets, including PV, displays, lighting and traditional thick film applications. Detailed forecasts for materials in volume and value terms, broken out by material type and printing method as well as application, are provided.

The report includes strategies of some of the leading suppliers of silver inks and pastes such as Cima NanoTech, Creative Materials, DuPont, Ferro, Harima, Henkel, Heraeus, InkTec, Methode and Sun Chemical

www.nanomarkets.net

Eight-year Forecasts of Silver Inks and Pastes in PV Applications by Type

Value of Silver Inks/Pastes Consumed in PV ($ Millions)

  2012 2014 2016 2018Conventional Silver Inks and Pastes Screen 4332.9 3743.9 3127.2 2640.3Ink-Jet 8.7 11.0 13.4 16.6Flexo/Gravure/Other 43.9 114.3 139.4 173.2TOTAL 4385.4 3869.3 3280.0 2830.0

Nanosilver Inks and Pastes Screen 24.6 51.6 47.8 38.5Ink-Jet 20.7 40.6 46.3 49.5Flexo/Gravure/Other 6.5 10.6 13.9 17.5TOTAL 51.8 102.8 108.0 105.5

GRANd TOTAl 4437.2 3972.1 3388.0 2935.6© N

ano

Mar

kets

201

1

Page 14: IPVEA update January 2012

14 | IPVEA UPDATE | JANUARY 2012

iPVEa nEWS

IPVEA links up with local solar associations in Asia and the Middle EastIPVEA is partnering with several local solar associations to promote its activities and members within emerging PV markets. The new association partnerships are with:

taiwan Photovoltaic Industry association (tPvIa)

TPVIA was founded by Industrial Technology Research Institute (ITRI) as a non-profit organization. TPVIA membership base is composed of companies that represent all segments of PV production and research, along the entire value chain, including: materials, solar cells, modules, systems technology, accessories materials and manufacturing equipment.

TPVIA provides a platform for members to communicate with each other and represents the collective needs of the industry.

www.tpvia.org.tw

asian Photovoltaic Industry association (aPvIa)

APVIA was founded in 2009 as a non-profit organization comprising PV enterprises and businesses, scientific institutions and other relevant organizations across the Asia-Pacific under the principle of voluntary enrollment.

APVIA’s business scope encompasses information and academic exchange, technical consultation, project demonstration, quality standards, market service, education and training.

www.apvia.org

emirates solar Industry association (esIa)

ESIA is a non-profit, non-governmental association which aims to promote solar power in the UAE and across the Middle East. ESIA’s members are drawn from all sectors of the solar industry, including photovoltaics (PV), concentrating solar power (CSP) and solar thermal. Membership is also offered to suppliers to the solar industry such as glass, steel and engineering companies.

The organisation aims to:

� Facilitate business opportunities for its members through face to face meetings, workshops and lectures

� Expand the use of all solar technologies at national and regional level

� Offer assistance to international solar companies establishing or contemplating the establishment of local offices and operations in the region

� Publish white-papers and research reports that aim to assist policy-makers on matters related to solar policies, standards, and product certifications

www.emiratessolar.com

saudi arabia solar Industry association (sasIa)

The Saudi Arabia Solar Industry Association (SASIA) is a non-profit, non-governmental association which aims to promote solar power in the Saudi Arabia and across the Middle East.

Like ESIA, SASIA’s members are drawn from all sectors of the solar industry, including photovoltaics (PV), concentrated photovoltaic (CPV), concentrating solar power (CSP) and solar thermal. Membership is also offered to suppliers to the solar industry such as glass, steel and engineering companies.

www.saudi-sia.com

Page 15: IPVEA update January 2012

IPVEA UPDATE | JANUARY 2012 | 15

INSIDE IPVEA

PV MatrixIn 2011 IPVEA completed the phase two development of PV Matrix, inducting members to use this platform to promote knowledge about the PV industry value chain, whilst supporting their own marketing activities. The 'Are You In?' campaign was launched to promote the PV Matrix and IPVEA to the wider PV industry at the 26th EU PVSEC held in Hamburg in September 2011.

At EU PVSEC the central location of IPVEA's booth, combined with its iPad competition to promote the launch of PV Matrix, has helped attract over one thousand visitors to the PV Matrix per month.

In 2012, we plan to expand this campaign to even a broader audience, so it is important that you update your information as often as possible.

With the PV Matrix you can:

� Hyperlink from your website directly to your position in the PV Matrix

� Upload videos into the PV Matrix, which are automatically placed on IPVEA YouTube channel

� Upload presentations that will be featured on the IPVEA.org website

� Tweet directly about new products � Use the PV Matrix iPad App as demonstration tool when

on the road

To find out how to maximize your presence in the PV Matrix, contact Sebastian Fritzsche at our web developers PIXELSTEIN GmbH & Co. KG , Tel.: +49-6181-94534755, Mobil: +49-160-97206454, E-Mail: [email protected], or myself (Bryan Ekus) directly, [email protected].

Page 16: IPVEA update January 2012

16 | IPVEA UPDATE | JANUARY 2012

iPVEa nEWS

IPvea member comPanIes

3S Modultec3S Photovoltaics 3-S Swiss Solar Systems AGABB Automation GmbHAEG Power Solutions GmbHAIS Automation Dresden GmbHAMB Apparate + Maschinenbau GmbHApplied MaterialsASYS Automatisierungssysteme GmbHBosch Rexroth Mechatronics GmbHBTU International, Inc.Buerkle GmbHCh2M HillDay4 Eco-tecDecker Anlagenbau GmbHDek Solar GmbHDespatch IndustriesDiamond Materials Tech, IncDr. Schenk GmbH IndustriemesstechnikDr. Schwab Inspection Technology GmbHE+H Metrology GmbHFerrotec GmbHGfE Metalle und Materialien GmbHGrenzebach Maschinenbau GmbHHeateflex CorporationHennecke Systems GmbHHermann Otto GmbHICOS Vision SystemsINA LineartechnikInnolas GmbHINTEVACISRA VISION AGJonas & Redmann Photovoltaic’s Production Solutions GmbHKitec microelectronic technologie GmbHKLA-TencorKomax Solar AGKuka Systems Corporation North AmericaKuka Systems GmbHLayTec GmbHLeybold Optics GmbHLinde AGLohmann GmbH & Co. KGLOTUS Systems GmbHLpkf SolarQuipment GmbH

LSW Maschinenfabrik GmbHM+W Germany GmbHManz AGMeier Solar Solutions GmbHMeyer Burger Services / Meyer Burger AGMeyer Burger AG – Swiss Slicing SystemsMeyer Burger Automation GmbHMeyer Burger Robotics / Meyer Burger WafertecNewport Spectra - Physics GmbHOC Oerlikon Management AG, PfaffikonOerlikon Leybold Vacuum GmbHOerlikon Solar / Oerlikon SystemsOrtner c.l.s. GmbHOTB Solar B.V.Pall GmbHPASAN SAPlansee high Performance materialsReis GmbH & Co. KG MaschinenfabrikRENA GmbHRICMAR Technology GmbHRobert Burkle GmbHRofin Baasel Lasertech GmbH & Co. KGRoth & Rau – Ortner GmbH / Roth & Rau AGRoth & Rau Italy S.r.l.Schaeffler Technologies GmbHSCHILLER AUTOMATION GmbH & Co. KGSchmid GmbH + Co., Gebr.SEMILAB Semiconductor Physics Laboratory, Co., Ltd.SENTECH Instruments GmbHSierra Therm Production FurnacesSika Services AGSINGULUS STANGL SOLAR GmbHSLS Solar Line Saxony GmbHSmit Ovens B.V.Soleras LtdSomont GmbHSTEIN Automation GmbH & Co. KGSYNOVA S.A.Targray Technology International Inc.Team Technik Maschinen und Anlagen GmbHTecnofimes S.r.lTempress Systems B.V.TRUMPF Laser- und Systemtechnik GmbH + Co. KGVeeco Instruments GmbHVITRONIC Dr.-Ing. Stein Bildverarbeitungssysteme GmbHVON ARDENNE Anlagentechnik GmbH

Page 17: IPVEA update January 2012

IPVEA UPDATE | JANUARY 2012 | 17

INSIDE IPVEA

become an IPvea member

For just €3000 a year IPVEA membership offers unbeatable value

benefIts Include:• savings of up to €3840 on raw

booth costs at EU PVSEC and SNEC (based on 64 sq m booth sizes), which is more than the cost of IPVEA membership itself

• 12 issues of IPVEA’s Update newsletter, featuring industry news, exclusive editorials and analysis on PV markets and technology trends

• networking and promotional opportunities at group meetings and trade shows

• Discounts on sponsorship and advertising for IPVEA events, newsletters, bulletins

• Free registrations at IPVEA events and forums

• discounts on delegate fees and exhibition costs to IPVEA-supported shows and conferences

• Free inclusion of your company, products and services in the Pv matrix, the only online platform that illustrates, explains and links the complete PV value chain http://matrix.ipvea.org/

• discounts on books, journals, research data produced by leading information providers in the PV industry

Join IPvea’s growing base of member companies today, email: [email protected]

�� Elke Hoffmann, vice treasurer (Jonas & Redmann)

�� Ortrun Aßländer, secretary (Day4 ecoTec)

�� Steffen Günther, treasurer (Reis Robotics)

�� Ludgar Wahlers, board member (ISRA Vision Solar)

�� Patrick Binkowska, vice president (Leybold Optics)

�� Carsten Busch, board member (ABB Automation)

�� Stefan Schiller, vice president (Schiller Automation)

�� Sven E. Jarby, president (Oerlikon)

�� Bryan Ekus, managing director (not pictured)

IPVEA Board of directors

IPVEA Board of directors Meeting�� IPVEA's Board of Directors will be holding their first meeting of 2012 on 8 February.

IPVEA's next Update issue will be published in February, featuring industry news, key event updates and exclusive articles.

To contribute news releases, editorial ideas or comments please email [email protected]

If you are interested in advertising opportunities please email [email protected]

To subscribe to update, visit www.ipvea.org and click on the subscribe link or click here

updateNExTISSuE

Page 18: IPVEA update January 2012

ARE YOU IN?

Wafer manufacturing. Cell

production. module assembly.

microinverters. Selective

emitter. Yield management.

oPV. Process control.

automatic bussing. trackers.

turnkey systems. Backsheets.

roll coating. remote

monitoring. Quality standard

testing. insurance. design.

Whether an investor,

developer, or supplier the

opportunities afforded by solar

are endless. Be a part of it.

PvMATRIX

matrix.ipvea.org