Study

Study: Current Status of Concentrator Photovoltaic (CPV) Technology

Dr. Simon P. Philipps, Dr. Andreas W. Bett, Fraunhofer ISE / Kelsey Horowitz, Dr. Sarah Kurtz, National Renewable Energy Laboratory NREL, USA | Version 1.2, February 2016

The German Fraunhofer Institute for Solar Energy Systems ISE and the US  National Renewable Energy Laboratory, NREL, have compiled a study that describes the status of both the current market as well as the state-of-the-art for concentrator photovoltaic (CPV) technology. This young technology has achieved tremendous progress and has the potential for delivering solar electricity at a cost-competitive level in sun-rich regions with high direct irradiation values. The study gives an overview of all installations bigger than 1 MW, also of all companies active in the field of high and low concentration technologies as well as of efficiency values  and the levelized cost of electricity. The study will be updated every half year.