Concentrated PhotoVoltaics (CPV): Is it a real opportunity?

Abstract

Summary. -Many large industries made relevant investment in the field of CPV. Considering the present price of traditional silicon cells one could argue about this strategy. Critical points of CPV together with its benefits will be presented. In CPV more technology is involved compared to PhotoVoltaic (PV) and this could be the key issue. Moreover, progress in the field of multiple-juction solar cells is constant and efficiency is increasing every year. Good technical solutions could make CPV very competitive, provided it is installed in areas where the direct light (DNI) is relevant.