Do photovoltaic glass factories need financing

What if the PV industry doesn't have new glass production plants?

Thousands of new glass manufacturing plants needed for the growing PV industry. As module prices decline, glass makes an even higher fraction of the PV module cost. Without new glass production PV industry could experience shortage within 20 years. Shortage of glass production could drive up the cost especially of thin-film modules.

Why is glass used in solar panels?

In fact, for the majority of solar modules in production, glass is the single largest component by mass and in double glass thin-film PV, and it comprises 97% of the module׳s weight. Glass offers strength, rigidity, environmental stability, and high transmission, all inexpensively.

How much glass do you need for a solar module?

Thus, for each square meter of a solar module, 2 of glass is required. Other thin film modules are a mix, some using two plates of glass for each module, some only a single plate, or some other type of substrate. Thin-film PV production is expected to continue to grow faster than the industry as a whole due to lower production costs.

Why do we need float-glass?

Advance planning creates opportunities to obtain low-iron glass at low prices. With the projected growth in photovoltaics the demand of glass for the solar industry will far exceed the current supply, and thousands of new float-glass plants will have to be built to meet its needs over the next 20 years.

Is solar transmission worth it for soda–lime glass?

Solar transmission for soda–lime glass is around 85%; the solar transmission for low iron glass can be above 91% . Producing these particular glasses costs more than standard soda–lime glass, and for most applications it is not worth the extra cost. For the solar industry, though, the transmission gained may be worth the slightly increased expense.

What are the major markets for flat glass?

The largest markets for flat glass are architectural (88% of the market) and automotive-glass (11%) The solar industry׳s demand for glass is currently less than 2% of the overall market. However, with the huge growth in the solar industry (and moderate growth expected in other glass markets), this situation is changing.