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CIGS Thin-Film Solar Cells Market Predicted to Grow at a Moderate Pace Through 2016-2026

- Sep 29, 2017 -


CIGS stands for copper indium gallium selenide, it is a thin film solar cell that is used to convert sun rays into electrical energy. CIGS thin film solar cells are manufactured by the process of depositing a thin layer of indium, copper, selenide and gallium on plastic backing or glass, having electrodes on the back and front to collect current. CIGS has a high absorption coefficient and absorbs sunlight strongly, so a thin film of this material is required to obtain the same electric energy as that of semiconductor materials.

 

The thin-film photovoltaic technologies consists of three mainstreams namely amorphous silicon, cadmium telluride and CIGS. Like other materials in the thin-film photovoltaic technologies, CIGS is also flexible, which allows them to get deposited on the flexible substrates. Also the best performance of the solar cells comes from the glass deposited cells, as all the technologies use high temperature depositions. The performance of polysilicon-based panels are higher than these glass based technologies of solar cells, though advances in CIGS low temperature deposition is trying to erase these performance difference up to a great extent. CIGS Thin-film solar cells market is expected to expand at a healthy CAGR in the forecast period.

The increasing market of solar panels and cost efficiency of electricity generated by solar panels as compared to other sources of energy is driving the CIGS thin-film solar cells market. Also the increased efficiency of CIGS thin film solar cells and the reduced time required to produce the electricity as compared to its counterpart’s technologies is further contributing in the growing CIGS thin-film solar cells market. Moreover, the rising concerns amongst people for environmental safety is bolstering the CIGS thin-film solar cells market.

However, the initial high cost of CIGS thin film solar cells and the complexity and technicality associated with its manufacturing can hamper the growth of global CIGS thin-film solar cells market.


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CIGS thin-film solar cell

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CIGS solar panel


Sun harmonics is a Chinese manufacturer focusing on developing and producing CIGS thin-film solar cells and other products related to CIGS materials. Solar panels of various watts, portable solar chargers made of CIGS cells are offered, you are free to browse the website and learn about more information: 

http://www.sygdcigscell.com/solar-cells/high-quality-and-lightweight-cigs-flexible.html


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