Applied Physics:
Photovoltaics Power Up
Richard M. Swanson
The global photovoltaic (PV) power industry is experiencing dramatic technology advances and market growth. Over the past 20 years, manufacturing output has grown by a factor of 200, reaching 5 gigawatts (GW) in 2008. The total accumulated installed capacity is now around 15 GW. This is quite small relative to the world's 4000 GW of installed electric generation capacity—just 0.375% to be precise. However, industry leaders expect similar rapid growth over the coming years, with PV generation a major contributor to power generation 20 years hence (1).
SunPower Corporation, 3939 North First Street, San Jose, CA 95134, USA.
E-mail: richard.swanson{at}sunpowercorp.com