SOURCE: MarketResearch.com

MarketResearch.com

July 19, 2011 11:08 ET

Major Players Purchase $200 Million Worth of Solar Residential Systems

ROCKVILLE, MD--(Marketwire - Jul 19, 2011) - MarketResearch.com has announced the addition of the new report "Low Iron Solar Glass Market Shares, Strategies, and Forecasts, Worldwide, 2011 to 2017," to their collection of Energy market reports. For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=6454087

Low iron solar glass technology gives solar panel and solar concentrator vendors the ability to build more efficient systems. Improved cost structures of the solar industry depend in part on improved efficiencies in low iron glass manufacturing. Low iron glass is used by the solar industry.

Low iron glass market growth is tied to solar market growth. Glass vendors are emerging as experienced and innovative partners for solar plant operators. Float glass plants are designed for PV glass for thin film and solar panels. Vendors are emerging that are dedicated to the production of PV thin film glass.

Solar key market growth factors driving demand include above all government subsidies. Although there is local variation, in the aggregate, subsidies are expected to continue and increase. There is not a more useful way for a government to spend its tax dollars than to stimulate growth of relatively inexpensive local sources of energy.

Efforts to drive full employment depend on a shift of defense budgets to renewable energy spending. Initially, renewable energy spending will come through the defense budgets worldwide, but as governments realize that the auto industry drives economies, they will begin to fund renewable solar energy used to create electricity for electric vehicles.

The industry depends on achieving economies of scale to lower costs of manufacture. Solutions to reach grid parity are needed in order for solar to become a long-term viable business. Among the most important issues are coating technology and novel structures. In the field of machining and finishing of thin glass with strengths of 0.95 mm, glass is used for concentrating solar thermal power plants (CSP). Lead-and copper-free protection and coating systems are used for solar energy applications.

For parabolic-reflector power stations thinner glass units are interesting. The thinner the glass is, the higher the degree of reflection. Mirror components, bending and the application of optical and functional layers rank among the core competencies of glass makers. Glass makers are extending their product sets and improving technology to cover the spectrum of flat solar glass processing.

There are significant initiatives worldwide illustrative of solar energy installation growth. Examples include Abengoa innovative technology solution efforts to achieve sustainable development in the energy and environment sectors. Abengoa is generating electricity from the sun. Abengoa has been offered conditional commitment for a $1.2 billion US Federal Loan Guarantee to build the California based Mojave solar project.

Saint-Gobain had PV glass sales at 300,000 Euro in 2010. The company has an aggressive goal of 200 Million Euro for PV glass sales in 2015.

SunRun and U.S. Bancorp have formed a partnership to purchase $200 million worth of solar residential systems in the U.S. SunRun installs $1 million of residential solar energy panels per day. SunRun operates in eight U.S. states: Arizona, California, Colorado, Hawaii, Massachusetts, New Jersey, Oregon and Pennsylvania.

For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=6454087

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