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Three Financial Myths of CPV

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  • Indium Corporation
  • Here’s an interesting read: “Banking on CPV projects: Dispelling myths on financial risk” By Bea Gonzalez on Dec 18, 2012

    “There are three common myths that make it hard for CPV companies to get financing. The first is that CPV systems cost too much and are not commercially viable. CPV system costs are more expensive than PV that is true. However, CPV costs remain higher as low volumes provide little opportunity to drive down costs. Another key challenge is that each system uses multiple parts from separate manufacturers, meaning that suppliers end up tailoring their components for each system. Standardising components such as cells and trackers could make the competitive difference and enable the industry to realise ambitions of 1.2GW of global installed capacity by 2015.”

    To hear about the other 2 myths of CPV, check out the article here.

    For more information on CPV International 2013, visit www.pv-insider.com/cpv-international

    ~Jim