What does CPV need to achieve in order to succeed?

Abstract

The recent and dramatic reduction in flat-plate crystalline silicon (c-Si) technology has changed the competitive land-scape for concentrator PV (CPV) systems. Three system cost targets are considered, €1/Wp corresponding to the system cost of c-Si today, €0.75/Wp corresponding to the likely c-Si cost in 2020 and €0.5/Wp corresponding to a likely lower limit for c-Si in the long term. To compete successfully with c-Si, system efficiency needs to be raised from the present 30% to 40%, suggesting cell efficiencies of 50% and module efficiency of 44%. The module should be manufactured at an area cost below €275/m2 which implies a packaged cell cost of €3/cm2 and module + tracking cost €190/m2.