Total Global PV installations 2000-2016

The rate of growth doubles every two years

Market

Solar energy is a truly renewable energy source. It can be harnessed in all areas of the world and is available every day, as long as the sun exists

Challenges

1

High production, shipping, installation and transmission costs make solar energy a capital intensive investment that is not shared by the general population

2

The technology today is cumbersome, heavy and fragile or extremely expensive. The industry is coming to realize that flexible solar films enable the implementation of solar energy systems in markets which cannot be utilized using the currently available standard silicon panels

3

The absence or reliability issues of the electricity grid, especially in the developing world, where access to capital is limited, presents a rapidly growing need for electricity production solutions, based in innovative financial models, such as PAYG ("Pay As You Go")