Organic Solar Cell Market Offering Aesthetic Value to Much Needed Solar Power

The global organic solar cell market is poised for significant growth in the foreseeable future. Some of the key application segments of the global organic solar cell market include defense/military-based applications, conventional solar applications, mobile applications, and building integrated photovoltaic (BIPV). Among these areas, the segment of building integrated photovoltaic is projected to witness the highest growth in the coming few years.

Organic solar cells offer several advantages over traditional silicon solar cells. These advantages of organic solar cells are making them highly popular in the BIPV segment globally. Organic solar cells offer aesthetics that traditional silicon solar cells are not able to provide. Let us look at the features of organic solar cells and why architects prefer them for BIPV applications.

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Why will Demand for Organic Solar Cells Grow in BIPV Segment?

•    Flexibility: Due to the manufacturing and printing processes, organic solar can be printed on a flexible substrate. With growing demand, the manufacturing process of these cells will give them a good advantage by allowing them to be mass produced at an economical cost.

•    Transparency: Organic solar cells have the ability to be transparent. This property allows them to be used in numerous novel applications. They can be used in architecture, such as in a window tint, or even used as a smartphone screen cover.

•    Lightness: Organic PVs are substantially lighter than single- and multiple-silicon PVs available in the market, which makes them more portable and convenient for the user.

Organic solar cells are referred to as third-generation solar. They find their use in many application segments. However, their demand will grow significantly in the BIPV segment because of the three key advantages listed above. These advantages of organic solar cells have made them an integral part of building envelopes or facades. Organic solar cells provide customization of these structures.

Hence, the demand for organic solar cells in the BIPV segment will grow in the coming few years. Already, many firms are targeting the marketing of organic solar cell technology on a large scale.

The global organic solar cell market is enjoying continuous investment due to the manufacturing appeal of organic PV. They can be manufactured via solution-based, roll-to-roll manufacturing methods by deploying traditional printing techniques on flexible substrates. Some of the key players manufacturing organic solar cells are Mitsubishi Chemical Corporation, Solarmer Energy, Heliatek, New Energy Technologies, and Disa Solar.

Although the global organic solar cell market will witness good growth in the coming few years, the low efficiency of organic solar cells will challenge the growth of this market. Furthermore, long-term reliability and degradation issues of organic PV will further suppress the overall organic solar cell market.

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Organic solar cells are gaining popularity among architects, as they deliver aesthetics where traditional PVs fail. However, the global solar industry at large is focused on boosting the efficiency of solar panels. This is putting pressure on manufacturers of organic PV to boost the efficiency along with delivering aesthetics.