LONDON, Oct. 7 /PRNewswire/ -- Of all the recent energy saving
technologies in Europe, building integrated photovoltaic (BIPV) technology is
taking off and generating huge interest. This green technology fits perfectly
with the European drive to generate energy efficiently, without hurting the
environment.
In 2007 the BIPV market revenue was euro 142.6 million with a growth rate
of 43.8 percent. Understanding this market's potential, tendencies and
challenges is a priority to PV module, inverter and BoS component
manufacturers, distributors, architects and designers, and integrators.
In response to the surge of interest circulating this market, Frost &
Sullivan is pleased to announce its 2008 quarterly analyst briefing
presentation on the European BIPV market to be held on 14 October, 2008 at
2:00 pm BST. Akhil Sivanandan, research analyst with the Environment and
Building Technologies unit at Frost & Sullivan will be presenting his research
on the BIPV market.
This briefing will provide analysis of country specific trends, main
challenges facing the industry, drivers and restraints, competitive and
technological trends. A particular challenge to consider is that of the
polysilicon shortage.
Akhil Sivanandan says, 'It is expected that most companies will not be
able to cope with the sudden rise in demand for PV modules. This shortage
means that the potential of the market is not being fully realised. After 2009
however, most companies should have secured their silicon supply.'
Companies are ramping up their production and increasing their level on
integration along the value chain in order to better reach consumers where the
market is the most supportive and to meet the increasing demand.
Without a doubt, the past few years have been very good for the BIPV
market with sky high growth rates and increasing government support for the
technology across Europe, particularly in Germany, France and Italy.