Sources of Energy
<p style="text-align: justify;"></p><div style="color: rgb(0, 0, 0); font-family: Verdana,Arial,Helvetica,sans-serif; font-size: 10px; margin: 8px; background-color: rgb(255, 255, 255);"><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Solar Energy</span></font></strong></p><p _mce_style="padding-left: 30px;" style="padding-left: 30px;"><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><a href="http://www.altprofits.com/ref/se/re/soe/soe.html#intro" style="text-decoration: none;">Introduction</a></span></font></strong></p><p _mce_style="padding-left: 30px;" style="padding-left: 30px;"><a href="#solar_how_it_works" style="text-decoration: none;"><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Solar Energy - </span></font></strong><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">How it works</span></font></strong></a></p><p _mce_style="padding-left: 30px;" style="padding-left: 30px;"><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><a href="#app_solar_energy" style="text-decoration: none;">Applications of Solar Energy</a></span></font></strong></p><p _mce_style="padding-left: 30px;" style="padding-left: 30px;"><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><a href="#data_and_statistics" style="text-decoration: none;">Data and Statistics </a></span></font></strong></p><p _mce_style="padding-left: 30px;" style="padding-left: 30px;"><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><a href="#status_and_trends" style="text-decoration: none;">Solar Energy Status and Trends</a></span></font></strong><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"> </span></font></strong></p><p _mce_style="padding-left: 30px;" style="padding-left: 30px;"><a href="#proj_comp" style="text-decoration: none;"><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Solar Energy </span></font></strong><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Projects & Companies</span></font></strong></a></p><p _mce_style="padding-left: 30px;" style="padding-left: 30px;"><a href="#research_efforts" style="text-decoration: none;"><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Solar Energy - </span></font></strong><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Research Efforts</span></font></strong></a></p><p _mce_style="padding-left: 30px;" style="padding-left: 30px;"><a href="#barriers" style="text-decoration: none;"><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Solar Energy - </span></font></strong><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Barriers</span></font></strong></a></p><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"> </span></font></strong></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><br></span></font></p><table class="mceItemTable" style="cursor: default; border: 1px dashed rgb(187, 187, 187);" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text; border: 1px dashed rgb(187, 187, 187);"><div><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Solar Energy- Facts<span class="Apple-style-span" style="font-family: Verdana,Arial,Helvetica,sans-serif; font-weight: normal; font-size: medium;"><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"> </span></font></strong></span></span></font></strong></p><ul><li><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">CAGR (annual installation) of solar PV for 2007-2008 – 57%. It has more than doubled in the year 2008 compared to 2007.</span></font></li><li><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">The total solar power installed in 2008 had a 150% increase over 2007 and stood at 5558 MW.</span></font></li><li><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">As an industry, it is forecasted that solar photovoltaic’s (including modules, system components, and installation) will grow from a $20.3 billion industry in 2007 to $74 billion by 2017. Annual installations were just 2 GW worldwide in 2007 and were 5.5 GW in 2008.</span></font></li><li><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">According to projections published by Photon Consulting, the fully-loaded cost of manufacturing, R&D, selling, installing, and operating a solar power system for a vertically integrated solar power supplier is likely to decrease to $0.12/kWh, or roughly $1.85/watt installed by the year 2010.</span></font></li><li><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Global investment in sustainable energy was $155 billion in 2008, an increase of just 5% over 2007 (in 2007, Global investment in sustainable energy was $148.4 billion, an increase of 60% over 2006).</span></font></li></ul></div></td></tr></tbody></table><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="font-family: Verdana,Arial,Helvetica,sans-serif; font-weight: normal; font-size: 10px;"><strong><span class="Apple-style-span" _mce_style="font-weight: normal;" style="font-weight: normal;"><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;" id="intro">Introduction</span></font></strong></span></strong></span></span></font></strong></p><p><span class="Apple-style-span" style="font-family: Arial; font-size: small;">Solar is one of the fastest growing alternative energy resources today. This introduction provides a brief overview of the industry’s classification.</span></p><p><span class="Apple-style-span" style="font-family: Arial; font-size: small;">There are two primary forms in which energy from the sun is being derived currently: Solar photovoltaics (PV) and solar thermal. Solar PV uses the light energy from the sun to generate electricity while solar thermal uses the heat from the sunlight to generate heat energy or to generate electricity.</span></p><p><span class="Apple-style-span" style="font-family: Arial; font-size: small;">The contribution of solar PV to world electricity generation is only about 0.25% (with an installed capacity of about 15 GW, 2008 data). The contribution to solar CSP (concentrated solar power), the form of solar thermal used for electricity generation, is less than 0.01% (with an installed capacity of only about 0.5 GW worldwide, 2008 data).</span></p><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="font-family: Verdana,Arial,Helvetica,sans-serif; font-weight: normal; font-size: 10px;"><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;" id="solar_how it_works">Solar Energy - </span></font></strong><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">How it works</span></font></strong></span></span></font></strong></p><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="font-family: Verdana,Arial,Helvetica,sans-serif; font-weight: normal; font-size: 10px;"><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"></span></font></strong></span></span></font></strong></p><strong><font class="Apple-style-span" face="Arial"><strong><font class="Apple-style-span" face="Arial"><div><img src="http://altprofits.com/includes/images/site_img/solar_1_jpg.jpg" alt="" alignment="" border="" vspace="" hspace=""></div><br></font></strong></font></strong><p></p><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="font-family: Verdana,Arial,Helvetica,sans-serif; font-size: 10px;"><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="background-color: rgb(255, 255, 255);"><font class="Apple-style-span" color="#6699cc">Technology</font></span></span></font></strong></span></span></font></strong></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="background-color: rgb(255, 255, 255);"><b><font class="Apple-style-span" color="#6699cc">The solar energy technology can be broadly classified as follows:</font></b></span></span></font></p><ol><li><em><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="background-color: rgb(255, 255, 255);"><b><font class="Apple-style-span" color="#6699cc">Solar Photovoltaic</font></b></span></span></font></em><ol><li><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="background-color: rgb(255, 255, 255);"><b><font class="Apple-style-span" color="#6699cc">Crystalline</font></b></span></span></font><ol><li><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="background-color: rgb(255, 255, 255);"><b><font class="Apple-style-span" color="#6699cc">Monocrystalline</font></b></span></span></font></li><li><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="background-color: rgb(255, 255, 255);"><b><font class="Apple-style-span" color="#6699cc">Polycrystalline</font></b></span></span></font></li></ol></li><li><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="background-color: rgb(255, 255, 255);"><b><font class="Apple-style-span" color="#6699cc">Thin-film</font></b></span></span></font><ol><li><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="background-color: rgb(255, 255, 255);"><b><font class="Apple-style-span" color="#6699cc">CdTe (Cadmium Telluride)</font></b></span></span></font></li><li><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="background-color: rgb(255, 255, 255);"><b><font class="Apple-style-span" color="#6699cc">CIGS (Copper Indium Gallium Selenium)/CIS (Copper Indium Selenium)</font></b></span></span></font></li><li><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="background-color: rgb(255, 255, 255);"><b><font class="Apple-style-span" color="#6699cc">CIS (Copper Indium Diselenide)</font></b></span></span></font></li><li><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="background-color: rgb(255, 255, 255);"><b><font class="Apple-style-span" color="#6699cc">Amorphous Silicon (a-Si)</font></b></span></span></font></li></ol></li><li><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="background-color: rgb(255, 255, 255);"><b><font class="Apple-style-span" color="#6699cc">Concentrating Photovoltaic</font></b></span></span></font></li></ol></li><li><em><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="background-color: rgb(255, 255, 255);"><b><font class="Apple-style-span" color="#6699cc">Solar Thermal</font></b></span></span></font></em><ol><li><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="background-color: rgb(255, 255, 255);"><b><font class="Apple-style-span" color="#6699cc">Distributed Solar Thermal</font></b></span></span></font><ol><li><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="background-color: rgb(255, 255, 255);"><b><font class="Apple-style-span" color="#6699cc">Flat-plate Collectors</font></b></span></span></font></li><li><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="background-color: rgb(255, 255, 255);"><b><font class="Apple-style-span" color="#6699cc">Evacuated Heat-pipe Tubes</font></b></span></span></font></li></ol></li><li><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="background-color: rgb(255, 255, 255);"><b><font class="Apple-style-span" color="#6699cc">Centralised Solar Thermal</font></b></span></span></font><ol><li><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="background-color: rgb(255, 255, 255);"><b><font class="Apple-style-span" color="#6699cc">Concentrating Solar Thermal</font></b></span></span></font><ol><li><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="background-color: rgb(255, 255, 255);"><b><font class="Apple-style-span" color="#6699cc">Parabolic Trough Collectors</font></b></span></span></font></li><li><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="background-color: rgb(255, 255, 255);"><b><font class="Apple-style-span" color="#6699cc">Dish/Engine Systems</font></b></span></span></font></li><li><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="background-color: rgb(255, 255, 255);"><b><font class="Apple-style-span" color="#6699cc">Power Towers</font></b></span></span></font></li><li><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="background-color: rgb(255, 255, 255);"><b><font class="Apple-style-span" color="#6699cc">Hybrid Systems / Integrated Solar Combined Cycle</font></b></span></span></font></li><li><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="background-color: rgb(255, 255, 255);"><b><font class="Apple-style-span" color="#6699cc">Linear Fresnel</font></b></span></span></font></li></ol></li></ol></li></ol></li></ol><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Solar Photovoltaic (PV)</span></font></strong></p><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"></span></font></strong></p><strong><font class="Apple-style-span" face="Arial"><div><img src="http://altprofits.com/includes/images/site_img/solar_pv_jpg.jpg" alt="" alignment="" border="" vspace="" hspace=""></div></font></strong><p></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Using solar photovoltaic, sunlight is converted into electricity. Solar photovoltaic uses photovoltaic (PV) cells usually in the form of panels, also called solar panels.</span></font></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Solar PV can be used either as stand-alone systems that are off the grid or as large systems that are connected to the electricity grid. Typical system size varies from 50 watt (W) to 1 kilowatt (kW) for stand-alone systems with battery storage and small water pumping systems; from 500 W to 5 kW for roof-top grid connected systems and larger water pumping systems; and from 10 kW to megawatts for grid-connected ground-based systems and larger building integrated systems.</span></font></p><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Solar PV - Crystalline Silicon PV Cells</span></font></strong></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">The majority of PV cells produced today use crystalline silicon (c-Si) as its light absorbing semiconductor. The c-Si technology originally was developed for the semiconductor industry to produce PV cells for integrated circuits and microchips. These PV cells have energy conversion efficiency between 11 percent and 16 percent. The energy conversion efficiency of a solar cell is the percentage of sunlight converted by the cell into electricity. While the efficiency of c-Si is high, it absorbs light poorly and requires many layers to perform efficiently in solar applications.</span></font></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">The two types of crystalline silicon technology used to produce PV cells are mono and multi-crystalline (also called poly-crystalline). Mono-crystalline technology uses thin wafers sliced from a single, pure crystal silicon ingot. With multi-crystalline or polycrystalline technology, silicon crystals are cast into a block and then sliced into wafers.</span></font></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Multi-crystalline silicon is not as pure as mono-crystalline and therefore produces lower-quality wafers. However, it is significantly less expensive.</span></font></p><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Solar PV – Thin Film Solar Cells</span></font></strong></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">The high demand for crystalline silicon PV cells has outstripped production causing the prices to rise. As a result, a number of PV cell manufacturers have begun using less expensive semiconductor materials including amorphous silicon (a-Si), cadmium telluride (CdTe), copper indium diselenide (CIS) or copper indium gallium selenide (CIGS). These materials are good light absorbers and are fairly thin.</span></font></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">They are known as thin-film because they are deposited in very thin layers on stainless steel, glass or a flexible substrate. The thickness of the film is less than 1 micron. Like c-Si, thin-film PV cells are combined into modules and laminated to protect them from the elements. They are less expensive than c-Si, but only have a demonstrated energy conversion efficiency of approximately 8 %. The advantage of thin-film technology is that it can be applied over large areas, providing more opportunity to generate electricity in cloudy conditions.</span></font></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">The shortage of crystalline silicon has led to an increased use of thin-film PV cells. Just a few years ago, they were virtually unheard of. Today, they make up approximately 30 percent of the market. (Aug 2008 data) Thin-film solar panels are made differently compared to silicon panels. The most common process used to make them is chemical vapor deposition. Gases react inside a chamber to form a condensate that settles uniformly onto a substrate.</span></font></p><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Solar PV - Concentrating Photovoltaic</span></font></strong></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Concentrating photovoltaic systems use lenses or mirrors to concentrate sunlight onto high-efficiency solar cells. These solar cells are typically more expensive than conventional cells used for photovoltaic systems. The concentration of sunlight decreases the required cell area while increasing the cell efficiency. This technology has potential for solar cell efficiencies greater than 40 percent. The high cost of advanced, high-efficiency solar cells requires concentrated sunlight for the system to achieve a cost-effective comparison with other solar alternatives. Therefore tracking systems are usually installed to take advantage of every hour of available sunlight.</span></font></p><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Solar Thermal</span></font></strong></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Solar thermal is a rather straightforward application of solar energy. In this, solar energy is used to either directly provide heat energy (as in the case of solar water heaters), or the heat is used to heat liquids into steam, which is then used to drive turbines to produce electricity.</span></font></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">The principles of concentrating direct sunlight into useful thermal energy are very basic. The basic engineering technologies for converting thermal energy into electricity have been commercially demonstrated for over two decades.</span></font></p><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Solar Thermal Collectors</span></font></strong></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">A solar thermal collector is a solar collector specifically intended to collect heat: that is, to absorb sunlight to provide heat. Although the term may be applied to simple panels used for heating such appliances as solar water heaters, it is usually used to denote more complex installations – typically for concentrating solar thermal systems.</span></font></p><ol><li><em><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="background-color: rgb(255, 255, 255);"><b><font class="Apple-style-span" color="#3399cc">Solar Thermal</font></b></span></span></font></em><ol><li><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="background-color: rgb(255, 255, 255);"><b><font class="Apple-style-span" color="#3399cc">Distributed Solar Thermal</font></b></span></span></font><ol><li><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="background-color: rgb(255, 255, 255);"><b><font class="Apple-style-span" color="#3399cc">Flat-plate Collectors</font></b></span></span></font></li><li><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="background-color: rgb(255, 255, 255);"><b><font class="Apple-style-span" color="#3399cc">Evacuated Heat-pipe Tubes</font></b></span></span></font></li></ol></li><li><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="background-color: rgb(255, 255, 255);"><b><font class="Apple-style-span" color="#3399cc">Centralised Solar Thermal</font></b></span></span></font><ol><li><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="background-color: rgb(255, 255, 255);"><b><font class="Apple-style-span" color="#3399cc">Concentrating Solar Thermal</font></b></span></span></font><ol><li><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="background-color: rgb(255, 255, 255);"><b><font class="Apple-style-span" color="#3399cc">Parabolic Trough Collectors</font></b></span></span></font></li><li><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="background-color: rgb(255, 255, 255);"><b><font class="Apple-style-span" color="#3399cc">Dish/Engine Systems</font></b></span></span></font></li><li><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="background-color: rgb(255, 255, 255);"><b><font class="Apple-style-span" color="#3399cc">Power Towers</font></b></span></span></font></li><li><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="background-color: rgb(255, 255, 255);"><b><font class="Apple-style-span" color="#3399cc">Hybrid Systems / Integrated Solar Combined Cycle</font></b></span></span></font></li><li><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="background-color: rgb(255, 255, 255);"><b><font class="Apple-style-span" color="#3399cc">Linear Fresnel</font></b></span></span></font></li></ol></li></ol></li></ol></li></ol><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Distributed Solar Thermal</span></font></strong></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">The solar thermal concept can be used in a distributed manner, on rooftops and to generate small amounts of energy. Distributed solar thermal is normally used for heating (eg. Solar water heaters) and drying purposes (eg. drying of wet raw materials and other industrial feedstock), than for electricity generation.</span></font></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">These distributed solar thermal systems use solar thermal panels. These solar thermal panels can be classified as flat-plate solar collectors or evacuated tube solar collectors.</span></font></p><p><strong><em><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Flat-Plate Solar Collectors</span></font></em></strong></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">These are durable, weatherproof boxes which contain a dark absorber plate located under a transparent cover. They are still the most common type of collector used for water heating in many countries despite being inferior to evacuated tube collectors in many ways.</span></font></p><p><strong><em><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Evacuated Heat Pipe Tubes</span></font></em></strong></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">These are designed such that convection and heat loss are eliminated, whereas flat-plate solar panels contain an air gap between absorber and cover plate which allows heat loss to occur. Further, thermal heat pipe systems are capable of limiting the maximum working temperature, where as flat-plate systems have no internal method of limiting heat buildup which can cause system failure. Finally, evacuated heat pipe systems are lightweight, easy to install and require minimal maintenance. Flat-plate systems, on the other hand, are difficult to install and maintain, and must be completely replaced if one part of the system stops working.</span></font></p><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Centralized Solar Thermal</span></font></strong></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Unlike the distributed use of solar thermal panels to directly capture the heat energy from the sunlight, centralized solar thermal technology concentrates the sunlight and generates electricity from the heat thus captured.</span></font></p><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Concentrating Solar Thermal</span></font></strong></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Concentrating solar is a technology that concentrates solar energy to heat liquids into steam, which is then used to drive turbines to produce electricity. Since concentrating solar uses existing generators, piping and mirrors, the production costs are much lower than PV solar and don’t require special production facilities.</span></font></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">The equipments used to collect the heat energy of the sun are called concentrated solar thermal collectors.</span></font></p><p><strong><em><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Solar Thermal Collectors</span></font></em></strong></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Concentrating solar collectors use mirrored surfaces to concentrate solar energy on an absorber tube that contains a fluid – are able to produce yet more high temperatures (300º C/570°F).</span></font></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">As a result of their size and expense, they are scarcely used on residential applications, and are used in large projects and electrical generation. The following are the types of collectors used for concentrated solar thermal: </span></font></p><ol><li><em><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Parabolic Trough Collectors</span></font></em><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"> - These collectors combine a curved mirror, shaped like a parabola to maximize the amount of sunlight collected, with an absorber tube embedded along the center of the mirror. The absorber tube is filled with oil or other fluid that can easily be heated. When sunlight hits these collectors, the mirrors focus it on the tube, heating the fluid inside. This hot fluid is then used to boil water and produce steam in a connected device and the steam is transferred to a generator that can produce electricity. A large array of connected parabolic trough collectors is needed to provide enough power for a generator.</span></font></li><li><em><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Dish/Engine Systems</span></font></em><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"> - These systems use an array of mirrors, arranged in the shape of a dish, to concentrate sunlight onto a receiver placed at the focal point of the dish. The heat produced by these systems is transferred to a heat engine which converts the heat into mechanical energy. This energy then drives a generator to produce electricity.</span></font></li><li><em><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Power Towers</span></font></em><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"> - Power Tower systems use a circular array of mirrors that track the sunlight and concentrate it on a receiver, placed at the top of a central tower at the focal point of the array. In much the same way as parabolic trough collectors, heat produced by the receiver is used to create steam which then powers a generator.</span></font></li><li><em><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Linear Fresnel</span></font></em><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"> - Linear Fresnel reflectors differ from other concentrated solar power (CSP) technologies in that their long, low mirrors reflect sunlight onto a single, horizontal tubular receiver, whereas other CSPs require multiple receivers. Linear Fresnel reflectors also require fewer acres because more mirrors can be squeezed onto a smaller parcel of land. And significantly, they can produce high temperatures, which lead to a more efficient conversion of sunlight into electricity.</span></font></li><li><em><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Hybrid Systems / ISCC</span></font></em><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"> –Hybrid systems combine power towers with natural gas power generators currently used at many power plants, creating a system that can continuously generate electricity, even when the sun isn't shining. Hybrid systems are not usually considered a separate category in concentrating solar thermal.</span></font><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"> </span></font></strong></li></ol><table class="LightShading-Accent11" style="cursor: default;" border="1" cellpadding="0" cellspacing="0"><tbody><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="590"><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">As of 2009, most of the CSP power generation is done using the established parabolic trough technology. The other emerging technologies that promise higher conversion efficiencies and cost-competitive generation have been demonstrated only on a smaller scale so far.</span></font></strong></p></td></tr></tbody></table><p><strong><span class="Apple-style-span" _mce_style="font-weight: normal;" style="font-weight: normal;"><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;" id="app_solar_energy">Applications of Solar Energy</span></font></strong></span></strong></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">The Photovoltaic technology can be used in several types of applications:<br></span></font></p><h4><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Grid-connected domestic systems</span></font></h4><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">This is the most popular type of solar PV system for homes and businesses in developed areas. Connection to the local electricity network allows any excess power produced to feed the electricity grid and to sell it to the utility. Electricity is then imported from the network when there is no sun. An inverter is used to convert the direct current power produced by the system to alternative power for running normal electrical equipments.<br></span></font></p><h4><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Grid-Connected power plants<br></span></font></h4><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">These systems, also grid-connected, produce a large quantity of photovoltaic electricity in a single point. The size of these plants range from several hundred kilowatts to several megawatts. Some of these applications are located on large industrial buildings such as airport terminals or railways stations. This type of large application makes use of already available space and compensates a part of the electricity produced by these energy-intensive consumers.<br></span></font></p><p class="bodytext"><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"> Off-grid systems for rural electrification</span></font></strong></p><p class="bodytext"><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Where no mains electricity is available, the system is connected to a battery via a charge controller. An inverter can be used to provide AC power, enabling the use of normal electrical appliances. Typical off-grid applications are used to bring access to electricity to remote areas (mountain huts, developing countries). </span></font><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Rural electrification</span></font></strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"> means either small solar home system covering basic electricity needs in a single household, or larger solar mini-grids, which provide enough power for several homes.</span></font></p><h4><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Off-grid industrial applications</span></font></h4><p class="bodytext"><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Uses for solar electricity for remote applications are very frequent in the telecommunications field, especially to link remote rural areas to the rest of the country. Repeater stations for mobile telephones powered by PV or hybrid systems also have a large potential. Other applications include traffic signals, marine navigation aids, security phones, remote lighting, highway signs and waste water treatment plants. These applications are cost competitive today as they enable to bring power in areas far away from electric mains, avoiding the high cost of installing cabled networks.</span></font></p><h4><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Consumer goods</span></font></h4><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Photovoltaic cells are used in many daily electrical appliances, including watches, calculators, toys, battery chargers, professional sun roofs for automobiles. Other applications include power for services such as water sprinklers, road signs, lighting and phone boxes.<br></span></font></p><p class="bodytext"><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;" id="data_and_statistics">Data and Statistics </span></font></strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><br></span></font></p><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"> </span></font><span class="Apple-style-span" _mce_style="font-weight: normal;" style="font-weight: normal;"><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;" id="status_and_trends">Solar Energy Status and Trends</span></font></strong><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"> <span class="Apple-style-span" style="font-family: Verdana,Arial,Helvetica,sans-serif; font-weight: normal; font-size: 10px;"><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"> </span></font></strong></span></span></font></strong></span></strong></p><table class="LightShading-Accent11" style="cursor: default;" border="1" cellpadding="0" cellspacing="0"><tbody><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="590"><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">As of 2009, solar PV relatively contributes much more to electricity generation than solar thermal. For electricity generation, solar PV has a worldwide installed capacity of about 15 GW compared to 0.5 GW installed base of solar thermal</span></font></strong></p></td></tr></tbody></table><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"> </span></font><span class="Apple-style-span" _mce_style="font-weight: normal;" style="font-weight: normal;"><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Solar PV Status and Trends</span></font></strong></span></strong></p><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"> </span></font><span class="Apple-style-span" _mce_style="font-weight: normal;" style="font-weight: normal;"><strong><em><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Data for Solar Energy (PV) Worldwide</span></font></em></strong></span></strong></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><em></em></span></font></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><i>Global Solar PV – Total Installed Capacity by Year<span class="Apple-style-span" style="font-family: Verdana,Arial,Helvetica,sans-serif; font-style: normal; font-size: 10px;"><em><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"> </span></font></em></span></i></span></font></p><table class="LightShading-Accent11" style="cursor: default;" align="left" border="1" cellpadding="0" cellspacing="0"><tbody><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="148"><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"> </span></font></strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Year<strong></strong></span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="150"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">MW<strong></strong></span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="148"><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">2007</span></font></strong></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="150"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">8325</span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="148"><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">2008</span></font></strong></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="150"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">9797</span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="148"><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">2009</span></font></strong></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="150"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">11574</span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="148"><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">2010</span></font></strong></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="150"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">13729</span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="148"><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">2011</span></font></strong></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="150"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">16366</span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="148"><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">2012</span></font></strong></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="150"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">19624</span></font></p></td></tr></tbody></table><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><br></span></font></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><br></span></font></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><br></span></font></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><br></span></font></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><br></span></font></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><br></span></font></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><br></span></font></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">The above table shows a significant increase of solar PV capacity worldwide, with </span></font><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">the capacity more than doubling for the period 2007-12</span></font></strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">, with a CAGR of about 19%.</span></font></p><p><em><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">World Photovoltaic Installations in 2007 – by Installed Capacity</span></font></em><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><br></span></font></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">(Total installation in 2007 = 2826 MW)</span></font></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"></span></font></p><font class="Apple-style-span" face="Arial"><div><img src="http://lh4.ggpht.com/_iSh0s9pVb-g/TECbua3222I/AAAAAAAADLI/G-1qseTc2G8/Solar.jpg" alt="" alignment="" border="" vspace="" hspace=""></div></font><p></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="background-color: rgb(255, 255, 255);"><i><span class="Apple-style-span" style="font-size: x-small;">Source: SolarBuzz ( </span></i></span></font><a href="http://www.solarbuzz.com/" _mce_href="http://www.solarbuzz.com/"><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="background-color: rgb(255, 255, 255);"><i><span class="Apple-style-span" style="font-size: x-small;">www.solarbuzz.com</span></i></span></font></a><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="background-color: rgb(255, 255, 255);"><i><span class="Apple-style-span" style="font-size: x-small;"> )</span></i></span></font><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="background-color: rgb(255, 255, 255);"><i><span class="Apple-style-span" style="font-size: x-small;"><br></span></i></span></font></p><p><em><span class="Apple-style-span" style="font-style: normal;"><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">From the chart above, it is clear that just two countries – Germany and Spain – constitute 70% of the solar PV installed capacity in 2007. The primary reason for these countries to achieve dominating position is their respective incentive programs for solar energy. Both the countries set attractive Feed-in-Tariffs (the price paid by a distributor of power to a producer of power) for solar energy producers, thus encouraging significant investments in solar energy.</span></font></span></em></p><p><em><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Global Installed Capacity and Annual Percentage Increase of Solar PV Power</span></font></em><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><br></span></font></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"> All capacity data in MW</span></font></p><table style="cursor: default;" border="1" cellpadding="0" cellspacing="0" width="493"><tbody><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Year</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Off-grid</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Grid</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Total</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="176"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">% of grid-connected capacity</span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">1992</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">78</span></font></strong></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">27</span></font></strong></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">105</span></font></strong></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="176"><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">25.71</span></font></strong></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">1993</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">94</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">37</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">131</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="176"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">28.24</span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">1994</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">112</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">45</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">157</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="176"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">28.66</span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">1995</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">132</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">59</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">191</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="176"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">30.89</span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">1996</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">158</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">78</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">236</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="176"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">33.05</span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">1997</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">187</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">118</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">305</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="176"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">38.69</span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">1998</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">216</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">169</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">385</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="176"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">43.90</span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">1999</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">244</span></font></strong></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">265</span></font></strong></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">509</span></font></strong></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="176"><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">52.06</span></font></strong></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">2000</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">277</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">438</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">715</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="176"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">61.26</span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">2001</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">319</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">655</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">974</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="176"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">67.25</span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">2002</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">354</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">964</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">1318</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="176"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">73.14</span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">2003</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">410</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">1399</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">1809</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="176"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">77.34</span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">2004</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">450</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">2382</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">2832</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="176"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">84.11</span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">2005</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">485</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">3669</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">4154</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="176"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">88.32</span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">2006</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">535</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">5049</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">5584</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="176"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">90.42</span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">2007</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">663</span></font></strong></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">7178</span></font></strong></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="79"><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">7841</span></font></strong></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="176"><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">91.54</span></font></strong></p></td></tr></tbody></table><p><em><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"> </span></font></em><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Source: IEA, PV Trends 2008</span></font></p><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="font-family: Verdana,Arial,Helvetica,sans-serif; font-weight: normal; font-size: 10px;"><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Solar PV Current and Future Energy Contribution in Global Electricity Supply </span></font></strong></span></span></font></strong></p><p><strong><em><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Current Contribution of Solar Energy to Global Electricity Demand</span></font></em></strong><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"> </span></font></strong></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">The approximate contribution of solar energy to total electricity consumption is about 0.25% (2007).</span></font></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">As an industry, it is forecast that solar photovoltaics (including modules, system components, and installation) will grow from a $20.3 billion industry in 2007 to $74 billion by 2017. Annual installations were just shy of 3 GW worldwide in 2007 and were 5.95 GW in 2008.</span></font></p><p><strong><em><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Future Contribution of Solar Energy to Global Electricity Demand</span></font></em></strong></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Some key future trends in the context of solar energy contribution to electricity demand can be obtained from an analysis done by EPIA/Greenpeace.</span></font></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">The key results of the EPIA/Greenpeace scenario show that, even from a relatively low baseline, solar electricity has the potential to make a major contribution to both future global electricity supply and the mitigation of climate change.</span></font></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">This analysis was done for two different scenarios: a) Advanced, b) Moderate</span></font></p><p><strong><em><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">EPIA/Greenpeace Analysis - Advanced Scenario</span></font></em></strong></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">This scenario is based on the assumption that continuing and additional market support mechanisms will lead to a dynamic expansion of worldwide solar PV installed capacity.</span></font></p><table style="cursor: default;" border="1" cellpadding="0" cellspacing="0"><tbody><tr><td colspan="2" style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="481"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Solar PV Advanced Scenario Projected Growth Rate</span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="277"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Average growth rate 2007-2010</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="204"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">40%</span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="277"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Average growth rate 2011- 2020</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="204"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">28%</span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="277"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Average growth rate 2021- 2030</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="204"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">18%</span></font></p></td></tr></tbody></table><p><em><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Source: Greenpeace / EPIA Report, 2008</span></font></em></p><table style="cursor: default;" border="1" cellpadding="0" cellspacing="0"><tbody><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="481"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Solar PV Electricity Demand in 2030</span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="481"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">8.9 % of global electricity demand from PV – demand forecast from IEA Reference Scenario (based on 2007 IEA data)<strong></strong></span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="481"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">13.8 % of global electricity demand from PV – demand forecast from the Green Peace energy evolution scenario<strong></strong></span></font></p></td></tr></tbody></table><p><em><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Source: Greenpeace / EPIA Report, 2008<span class="Apple-style-span" style="font-family: Verdana,Arial,Helvetica,sans-serif; font-style: normal; font-size: 10px;"><em><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"> </span></font></em></span></span></font></em></p><p><strong><em><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">EPIA/Greenpeace Analysis - Moderate Scenario</span></font></em></strong></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">This scenario envisages the development of PV against the background of a lower level of political commitment.</span></font></p><table style="cursor: default;" border="1" cellpadding="0" cellspacing="0"><tbody><tr><td colspan="2" style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="481"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Solar PV Moderate Scenario Projected Market Growth Rates</span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="289"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Average growth rate 2007-2010</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="192"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">30%</span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="289"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Average growth rate 2011- 2020</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="192"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">21%</span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="289"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Average growth rate 2021- 2030</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="192"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">12%</span></font></p></td></tr></tbody></table><p><em><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Source: Greenpeace / EPIA Report, 2008</span></font></em></p><ol><li><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">The EPIA/Greenpeace Advanced Scenario shows that by the year 2030, PV systems could be generating approximately 2,600 TWh of electricity around the world. This means that by 2030 solar PV will contribute about 15% of the world’s energy consumption.</span></font></li><li><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">The capacity of annually installed solar PV power systems would reach 281 GW by 2030. About 60% of this would be in the grid-connected market, mainly in industrialised countries.</span></font></li><li><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Although the key markets are currently located mainly in the industrialised world, a global shift will result in a significant share – about 20% or an annual market of 56 GW – being taken by the developing world for rural electrification in 2030. Since system sizes are much smaller, and the population density greater, this means that up to 3.2 billion people in developing countries would by then be using solar PV electricity. This would represent a major breakthrough for the technology from its present emerging status.</span></font></li></ol><table class="LightShading-Accent11" style="cursor: default;" border="1" cellpadding="0" cellspacing="0"><tbody><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="589"><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"> In spite of its high electricity generation costs resulting from the high capital costs, solar PV is expected to grow at a furious pace worldwide, in many large countries. This is owing to the following:</span></font></strong></p><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="font-family: Verdana,Arial,Helvetica,sans-serif; font-weight: normal; font-size: medium;"><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">1. </span></font></strong><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Solar PV promises to be one of the cleanest energy sources in the long term that can be harvested sustainably.</span></font></strong></span></span></font></strong></p><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="font-family: Verdana,Arial,Helvetica,sans-serif; font-weight: normal; font-size: medium;"><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="font-family: Verdana,Arial,Helvetica,sans-serif; font-weight: normal; font-size: medium;"><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">2. </span></font></strong><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Costs of solar panels are expected to come down significantly in the next few years.</span></font></strong></span></span></font></strong></span></span></font></strong></p></td></tr></tbody></table><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Solar Thermal Status and Trends<span class="Apple-style-span" style="font-family: Verdana,Arial,Helvetica,sans-serif; font-weight: normal; font-size: 10px;"><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"> </span></font></strong></span></span></font></strong></p><table class="LightShading-Accent11" style="cursor: default;" border="1" cellpadding="0" cellspacing="0"><tbody><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="590"><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">While most discussions on solar thermal have focused on centralized electricity generation using concentrating solar thermal technologies, solar thermal - in its distributed form - plays a significant role as well, in domestic and industrial heating and drying applications </span></font></strong></p></td></tr></tbody></table><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="font-family: Verdana,Arial,Helvetica,sans-serif; font-weight: normal; font-size: 10px;"><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">The Solar Thermal Industry</span></font></strong></span></span></font></strong></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">The energy contribution from the solar thermal plants has been a much smaller one so far, when compared to the solar PV plants.</span></font></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">However, a note is in order. In some ways, it can be said that the solar thermal industry’s has been vastly underestimated because so far the data that have been considered are only the energy output of the concentrating solar plants (CSP). The contributions from the end-use markets such as solar water heaters, solar house heating systems and the like have not been captured while calculating the total contribution of solar thermal segment to the worldwide energy output.</span></font></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">There have been studies that indicate that, with suitable assumptions about the use of distributed solar thermal for heating and drying applications, the solar thermal energy’s total installed capacity worldwide would be far higher than that of solar PV (in the order of 80 GW for thermal vs 12-14 GW for PV). However, because these are not official estimates, for this report we too consider only the energy capacities and output of concentrating solar power (CSP) segment of the solar thermal industry.</span></font></p><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Solar Thermal Trends</span></font></strong></p><p><em><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Worldwide Installed Concentrated Solar Power Plants Capacity – 2000-2008</span></font></em></p><table style="cursor: default;" border="1" cellpadding="0" cellspacing="0"><tbody><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="139"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Year</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="168"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Added capacity (MW)</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="174"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Cumulative Capacity (MW)</span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="139"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">2000</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="168"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">-10</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="174"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">356</span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="139"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">2001</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="168"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">0</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="174"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">356</span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="139"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">2002</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="168"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">0</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="174"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">356</span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="139"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">2003</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="168"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">0</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="174"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">356</span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="139"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">2004</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="168"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">0</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="174"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">356</span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="139"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">2005</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="168"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">0</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="174"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">356</span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="139"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">2006</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="168"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">1</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="174"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">357</span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="139"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">2007</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="168"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">100</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="174"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">457</span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="139"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">2012 (projected)</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="168"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><br></span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="174"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">6400</span></font></p></td></tr></tbody></table><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"> </span></font><em><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"> Source: Earth Policy Institute, 2008</span></font></em></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Notes for the above table:</span></font></p><ol><li><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">The numbers are only for concentrated solar power plants, and do not include solar thermal energy used for water heaters, solar heating of buildings and solar architectural design.</span></font></li><li><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">The projection for 2012 has been arrived at using some proposed solar thermal power plants that are likely to come online in the next few years.</span></font></li></ol><p><em><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"> Solar Thermal Trends - USA</span></font></em></p><ol><li><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">In the US, the home market has been the major buyer of solar thermal collectors, with almost 90% of all solar collector shipments (by area of collector) bought by this segment (2006 data).</span></font></li><li><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">In the US, most of the market in 2005 was dominated by low temperature collectors, mainly for heating water in swimming pools. (2006)</span></font></li><li><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">The industry remained highly concentrated, with 92 percent of sales made by the 5 largest companies. (2006)</span></font></li></ol><p><em><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="font-family: Verdana,Arial,Helvetica,sans-serif; font-style: normal; font-size: 10px;"><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Trends in the Various CSP Technologies</span></font></strong></span></span></font></em></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Among the five technologies (viz Power Towers, Parabolic Trough, Dish Engine, Linear Fresnel & ISCC), parabolic trough technology's decades of proven operation is expected to keep it in good stead for the next few years, but the technology's head start could start diminishing as the potential of central receiver and other technologies are realized at a commercial scale, according to some studies. In about 3 years’ time (by end of 2010), it is expected that the real potential of the other three main technologies – Power Towers, Dish Engine, and Linear Fresnel – will be much more clear.</span></font></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Concetrating solar power (CSP) is a proven technology with over 500 MW of installed capacity working worldwide, for many years. In the US alone, over 350 MW of CSP has been commercially operating in the Mojave desert since the 1980s.</span></font></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Currently (as of 2009), most of the CSP power generation is done using the established parabolic trough technology. Several emerging technologies that promise higher conversion efficiencies and cost-competitive generation have been demonstrated on a smaller scale. These technologies, such as point-focusing power towers and line-focusing Fresnel reflectors, may extend the ability of CSP to provide baseload power in addition to peak load.</span></font></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Commercial scale CSP technology was first developed in the wake of the oil shock of the 1970s. The largest plants constructed in this period were the nine Solar Electricity Generating Systems (SEGS) in the Mojave desert in California, built from 1984 to 1991 by Luz International. Post 1970s, the growth of CSP remained low and was restricted to mostly small pilot projects of 5 MW or less.</span></font></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">For nearly two decades, no new large-scale, grid-tied CSP plants were built anywhere in the world. However, in the last few years, there has been renewed interest in CSP world over. In addition to the USA, where a couple of medium sized CSP plants have started coming online since 2006, CSP has started gaining ground in Europe as well. In 2008, the first European commercial CSP plant, the 50-MW Andasol 1 project, was completed in Granada, Spain.</span></font></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">The current worldwide installed capacity of CSP is 502 MW (as of Mar 2009), of which 410 MW are in the US.</span></font></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">In the US alone, a further 8500 MW of CSP capacity is scheduled for installation by 2014. Approximately 40% of this capacity is expected to utilize parabolic trough technology, and the remainder is expected to use LFR, power tower and dish technologies.</span></font></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Outside of the US, Spain is the leader in the CSP market with 1037 MW of capacity currently under construction and an additional 6000 MW of projects in the pipeline. Spain’s attraction to CSP technology has been spurred by government incentives, including the Spanish Royal Decree, which calls for 500 MW of CSP by 2010.</span></font></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Other regions with plans for CSP development include the Middle East, North Africa, and Australia. In the Middle East, 325 MW of CSP capacity are being planned in countries such as Israel, Egypt, Algeria, Abu Dhabi, and Morocco.</span></font><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"> </span></font></strong></p><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Distributed Solar Thermal</span></font></strong></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Solar thermal has been used in households and industries for water heating and drying. These systems typically use flat plate or evacuated type solar thermal collectors. Authentic data for the total capacity / area installed for solar thermal is not available on a global basis. However, based on news and trends, it is clear that distributed solar thermal is gaining ground in a lot of developing and underdeveloped countries owing to its ease of installation and cost savings associated with it. The growth is especially rapid in countries such as India that have large regions that get high sunlight throughout the year.</span></font></p><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;" id="proj_comp">Solar Energy </span></font></strong><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Projects & Companies</span></font></strong></p><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Top Proposed Solar Thermal Energy Projects Worldwide (as of June 2008)</span></font></strong></p><table style="cursor: default;" border="1" cellpadding="0" cellspacing="0" width="672"><tbody><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="18%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"> Location</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="22%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Company</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="23%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Project</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="18%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Proposed capacity (possible expansions) MW</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="17%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Scheduled Year of Completion</span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="18%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">California, USA</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="22%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Solel Solar Systems, Ltd.</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="23%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Mojave Solar Park</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="18%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">553</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="17%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">2011</span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="18%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">California, USA</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="22%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Stirling Energy Systems</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="23%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Solar One</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="18%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">500 (850)</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="17%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">2011</span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="18%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">California, USA</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="22%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">BrightSource Energy, Inc.</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="23%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Ivanpah Solar Electricity Generating System</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="18%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">400 (900)</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="17%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">2011</span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="18%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">California, USA</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="22%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Stirling Energy Systems</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="23%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Solar Two</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="18%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">300 (900)</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="17%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">not set</span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="18%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Andaluc?a, Spain</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="22%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Abengoa Solar</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="23%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Solúcar Platform</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="18%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">300</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="17%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">2013</span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="18%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Florida, USA</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="22%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Ausra, Inc.</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="23%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Not available.</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="18%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">300</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="17%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">2011</span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="18%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Arizona, USA</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="22%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Abengoa Solar</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="23%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Solana</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="18%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">280</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="17%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">2011</span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="18%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">California, USA</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="22%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Beacon Solar, LLC</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="23%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Beacon Solar Energy Project</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="18%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">250</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="17%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">2011</span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="18%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">California, USA</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="22%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Harper Lake, LLC</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="23%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Harper Lake Energy Park</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="18%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">250 (500)</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="17%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">2010</span></font></p></td></tr><tr><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="18%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Ramat Negev, Israel</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="22%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Not available</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="23%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Not available.</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="18%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">250</span></font></p></td><td style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="17%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">2011</span></font></p></td></tr><tr><td colspan="5" style="color: rgb(0, 0, 0); margin: 8px; cursor: text;" valign="top" width="100%"><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Source: Compiled by Jonathan G. Dorn, Earth Policy Institute, June 2008</span></font></p></td></tr></tbody></table><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="font-family: Verdana,Arial,Helvetica,sans-serif; font-weight: normal; font-size: 10px;"><strong><span class="Apple-style-span" _mce_style="font-weight: normal;" style="font-weight: normal;"><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;" id="research_efforts">Solar Energy - </span></font></strong><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Research Efforts</span></font></strong></span></strong></span></span></font></strong></p><p><strong><span class="Apple-style-span" _mce_style="font-weight: normal;" style="font-weight: normal;"><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">New Developments in the Solar Industry</span></font></strong></span></strong></p><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"> </span></font><span class="Apple-style-span" _mce_style="font-weight: normal;" style="font-weight: normal;"><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">A number of technological and product innovations are taking place in the solar energy industry. Some of the recent and emerging trends in solar energy are provided below:</span></font></span></strong></p><ol><li><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"> <span class="Apple-style-span" style="font-family: Verdana,Arial,Helvetica,sans-serif; font-weight: normal; font-size: 10px;"><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Concentrated Solar PV (CPV) </span></font></strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">- This mechanism for focusing light on small areas of photovoltaic material could make solar power in residential and commercial applications cheaper than electricity from the grid in most markets in the next few years. CPV is not exactly a new technology, but its deployment has been so far in very limited domains, and there have been no large commercial deployment of this technology. </span></font></span></span></font></strong></li></ol><strong><ul><li><span class="Apple-style-span" style="font-weight: normal;"><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="font-family: Verdana,Arial,Helvetica,sans-serif; font-weight: normal; font-size: 10px;"><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="font-family: Verdana,Arial,Helvetica,sans-serif; font-size: 10px;"><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="font-family: Verdana,Arial,Helvetica,sans-serif; font-weight: normal; font-size: 10px;"><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="font-family: Verdana,Arial,Helvetica,sans-serif; font-size: 10px;"><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="font-family: Verdana,Arial,Helvetica,sans-serif; font-weight: normal; font-size: 10px;"><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><span class="Apple-style-span" style="font-family: Verdana,Arial,Helvetica,sans-serif; font-size: 10px;"><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Xtreme Concentrated Photovoltaic (XCPV): </span></font></strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Energy Company Sunrgi’s Xtreme Concentrated Photovoltaics promises a low-cost, high-efficiency system with a low projected energy pricing of 5 cents per kilowatt. This breakthrough puts solar on par with the cost of coal, natural gas, and other non-renewable energy sources. The XCPV system is based on the following principle: use a magnifying glass to concentrate the sun’s energy into a single high efficiency solar cell. Each unit features a lens that magnifies the sun’s rays 2,000 times, focusing it onto a solar cell that converts more than 37% sunlight to energy (this is about 175% more than that for a conventional PV). The result is a system that maximizes the potential output of each solar cell while minimizing cost and space required. (May 2008)</span></font></span></span></font></span></span></font></strong></span></span></font></span></span></font></strong></span></span></font></span></span></font></strong></span></li></ul></strong><ol><li><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Nano-size Carbon Molecules Dubbed Buckyballs</span></font></strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">: Silicon-based solar cells represent 92% of today's photovoltaic market, but some producers are betting on different, much cheaper materials for the future. One is a conductive polymer salted with nano-size carbon molecules dubbed buckyballs. Which when applied a very thin coating of the buckyball mixture on a plastic film produce a solar cell that topped 5% efficiency - the best yet for an organic solar cell. The cost of these solar cells would be a fraction that of their silicon cousins, so a homeowner could buy five or ten times the surface area and still save money.</span></font></li><li><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Dye Sensitized Thin-Film Solar Panels</span></font></strong><em><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"> </span></font></em><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">- </span></font></strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">A different type of thin-film solar panels is made using a light-absorbing dye. The anode is made from a glass plate coated with a conductive layer and a layer of titanium dioxide. The plate is then dipped into a dye which bonds to the surface of the titanium dioxide molecules. The cathode is made from a plate coated with a conductive layer and an iodine electrolyte. Both plates are joined and the edges sealed to help prevent the electrolyte leaking out. Light photons that are absorbed by the dye molecules create free electrons that cross over to the titanium dioxide, where they move up to the conductive layer on the anode. Meanwhile, the dye gains an electron from the iodine electrolyte, which later recovers it from one of the returning electrons at the cathode.</span></font></li><li><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Organic Solar Coatings</span></font></strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"> are under development at companies such as General Electric Co. (GE) and IBM (IBM). Organic solar cells are also the focus of multi-million $ research efforts in Europe.</span></font></li><li><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Thin-film Solar Cells:</span></font></strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"> The basic technology has been around for decades, but Silicon Valley–based Nanosolar created the manufacturing technology that could make that promise a reality. PowerSheet solar cells are made with printing-press-style machines that set down a layer of solar-absorbing nano-ink onto metal sheets as thin as aluminum foil, so the panels can be made for about a tenth of what current panels cost and at a rate of several hundred feet per minute.</span></font></li><li><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Dish Technology: </span></font></strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">The Stirling dish technology converts thermal energy to electricity by using a mirror array to focus the sun’s rays on the receiver end of a Stirling engine. Each panel tracks azimuth and elevation to keep the sun’s rays focused at greatest intensity possible. This is almost twice as efficient as other solar technologies. A 20-year purchase agreement between Southern California Edison and Stirling Energy Systems signed in 2005, Inc. will result in 20,000+ dish array, covering 4,500 acres, and capable of generating 500 MW -- more electricity than all other present U.S. solar projects combined.</span></font></li><li><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Transparent Electronics: </span></font></strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Oregon State University (OSU) and HP’s Xtreme Energetics are working together on transparent transistors and optoelectronics technology. This technology converts sunlight to electricity at twice the efficiency and half the cost of traditional solar panels. HP has funded some of OSU’s research in advanced materials, collaborated with the university to invent transparent transistor technology, and is now making that technology available worldwide through its intellectual property licensing group.</span></font></li><li><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">PowerCube Makes Solar Energy Installation Simple</span></font></strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"> - The PowerCube makes deployable renewable energy simple by integrating the latest solar energy, power storage and power management technology. It is engineered for home use, emergency response, construction, and any other remote power needs. It’s large size (72 x 124 x 50 inches) enables it to produce 600 watts of solar power. (Jul 2008)</span></font></li><li><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Aussie Hybrid Panel Could Halve Solar Cost</span></font></strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"> - Scientists have invented a new breed of solar panel which generates electricity and hot water at the same time – and could halve the cost of going solar. Household roofs would be kitted out with rows of mini-troughs, made of mirrors, if the project gets off the ground. (Sep 2008)</span></font></li><li><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Solar Panels That Can be Applied to Windows and Canopies</span></font></strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"> - A thin polymer photovoltaic layer called Powerglass can be applied to windows, canopies and roofs to turn them into mini power plants to supply electricity. Huge high rise buildings have much more surface area in the form of windows than they do on top of their roughs. This means that Powerglass is poised to be an attractive idea and potentially can increase the use of solar panels dramatically. (2005)</span></font></li><li><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">3-D Solar Panels - </span></font></strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Unique three-dimensional solar cells that capture nearly all of the light that strikes them could boost the efficiency of photovoltaic (PV) systems while reducing their size, weight and mechanical complexity. The new 3D solar cells capture photons from sunlight using an array of miniature “tower” structures that resemble high-rise buildings in a city street grid. The cells could find near-term applications for powering spacecraft, and by enabling efficiency improvements in photovoltaic coating materials, could also change the way solar cells are designed for a broad range of applications.</span></font></li><li><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"> </span></font></strong><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">String Ribbon Approach to Manufacturing Solar Panels - </span></font></strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Reducing the cost of solar power requires slashing the cost of manufacturing the silicon wafers on which solar cells are built. A technique first proposed in the 1980s by Professor Emanuel M. Sachs is doing just that by doubling the number of wafers made per pound of expensive silicon. Making silicon wafers currently accounts for 45 percent of that total cost. The conventional way to make silicon wafers is to cast a solid brick of silicon and then slice it into wafers. But slicing makes dust, and in this case the dust is expensive silicon, no longer pure enough to be recycled. So Sachs came up with an approach that does away with slicing. Instead of making bricks, his String Ribbon process makes long sheets of silicon just the thickness of a wafer. No slicing, no waste. In 1994, Evergreen Solar, Inc., began manufacturing crystalline silicon PV modules using the String Ribbon approach.</span></font></li><li><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Companies such as Sharp </span></font></strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">have been working on breakthrough technologies to incorporate</span></font><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"> advanced surface texturing processes </span></font></strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">for manufacturing solar panels. These technologies result in panels that have increased light absorption and overall efficiencies.</span></font></li><li><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Enerize Corporation of Florida</span></font></strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"> has claimed a major breakthrough in improving the performance of photovoltaic module with transparent polymers to replace glass. The photovoltaic module designs use proprietary polymer protective coating materials to replace conventional glass can increase conversion efficiency by more than 20%, due to high transparency and concentration of incoming light, while providing resistance to degradation by UV and ionizing radiation, lower cost, reduced weight, and improved mechanical strength. (May 2008)</span></font></li><li><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Photoelectrochemical (PEC) PV Cells </span></font></strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">- Unlike other PV cells that use solid crystal layers to absorb light, PEC cells are liquid. They absorb light with a dye sensitizer and use it to create electrical current in a nanocrystalline titanium dioxide semiconductor layer. The cells are encased in a carbon layer on the back and are contained in glass on both sides. A number of companies are developing this technology and they could be introduced commercially in the near future. These cells are expected to compete by significantly reducing the cost of PV cells. (Aug 2008)</span></font></li></ol><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"> </span></font><span class="Apple-style-span" _mce_style="font-weight: normal;" style="font-weight: normal;"><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;" id="barriers">Solar Energy - </span></font></strong><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Barriers</span></font></strong></span></strong></p><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"> </span></font><span class="Apple-style-span" _mce_style="font-weight: normal;" style="font-weight: normal;"><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Problems and Barriers for Solar PV</span></font></strong></span></strong></p><ol><li><span class="Apple-style-span" style="font-family: Arial; font-size: small;">Raw material supply bottlenecks, manufacturing inefficiencies, the need for scale in order to achieve manufacturing economies and the difficulty in manufacturing low-cost-high-efficiency solar panels are the key problems faced by the suppliers in the solar PV industry</span></li><li><span class="Apple-style-span" style="font-family: Arial; font-size: small;">The high cost of solar PV, in the form of its high capital cost, is the biggest problem faced by the consumers of solar PV technology</span></li></ol><p><strong><span class="Apple-style-span" _mce_style="font-weight: normal;" style="font-weight: normal;"><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Case Studies</span></font></strong></span></strong></p><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">First Solar (USA)</span></font></strong></p><p><a href="http://www.firstsolar.com/" _mce_href="http://www.firstsolar.com/"><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">www.firstsolar.com</span></font></a></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">First Solar's ramp up in manufacturing has been integral to driving deep reductions in the cost of its modules. Between 2004 and 2008, First Solar's manufacturing costs declined from approximately $3.00 per watt to less than $1.00 per watt, the first company to break a benchmark long considered the "holy grail" of the solar industry.<br></span></font></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">The First Solar story began in Ohio with innovative technology, a small dedicated team of scientists and engineers, and a vision of a future powered by clean renewable electricity.<br></span></font></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Today, First Solar is the world leader in manufacturing photovoltaic (PV) modules with an advanced thin film semiconductor process that greatly reduces the cost of producing solar modules.</span></font></p><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">eSolar (USA)</span></font></strong></p><p><a href="http://www.esolar.com/" _mce_href="http://www.esolar.com/"><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">www.esolar.com</span></font></a></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">Unlike many other solar energy startups in the USA that focus on solar PV, eSolar focusses on solar thermal.<br></span></font></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">eSolar has developed a solar thermal power plant technology. eSolar’s modular, scalable power plant architecture enables custom built facilities with generating capacities of 46 MW to 500 MW and energy prices that are competitive with fossil fuels. eSolar systems provide competitive energy prices even at the 46 MW level, and can expand generation capacity to over 500 MW.<br></span></font></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">eSolar constructs power plants using a tiered delivery model. The power plants are structured on a 46 MW base unit, called a “power module” with each unit consisting of sixteen modules of thermal receivers and dual north-south heliostat fields. Each module is a complete power plant, consisting of several thermal receiver towers, each with a field of heliostat mirrors, and a central power block with steam turbine and generator. Modules can be replicated as many times as necessary to fit specific power requirements.<br></span></font></p><p><strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">The Solar Office - Doxford, Near Sunderland (UK)</span></font></strong><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;"><br></span></font></p><p><font class="Apple-style-span" face="Arial"><span class="Apple-style-span" style="font-size: small;">The Solar Office in the Doxford International Business Park is located near Sunderland in the north east of England. It was the first speculatively constructed office building to be built specifically to incorporate solar PV panels. The resulting solar façade is the largest ever constructed in Europe. It is one of the few such projects to adopt a holistic energy strategy. The 73-kilowatt PV system uses monocrystalline square cells. Over the first two years, the PV array has generated some 113,000 kilowatt hours of energy per year, comparable with the design prediction.</span></font></p></div><p></p>


