Organic Photovoltaic Market - Competitive Analysis by Key Vendors, Growth Factors, Development Status, and Forecast 2017-2025
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The technology also has a potential to supply electricity at a lower cost as compared to the first or second generation solar technologies. Organic technology can be used to produce transparent and colored organic photovoltaic due to availability of various absorbers. This technology is mainly used to building-integrated photovoltaic market.
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As compared to inorganic solar cells, organic photovoltaic cells use polymeric absorbers or molecular absorbers formed in a localized exciton. Absorber can be in combination with an electron acceptor, such as a fullerene, it has molecular orbital energy states that enables electron transmission. The primary driver of organic photovoltaic technology is its capability to be used in large area and flexible solar modules, particularly in helping R2R (roll-to-roll) production.
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Moreover, manufacturing cost can be decrease for organic photovoltaic due to their lesser cost of silicon-based materials and the comfort of device manufacturing. On the other hand, to latch up with the work of silicon-based solar cells, both the acceptor and donor materials in an organic photovoltaic must have good film morphologies, good extinction factors, and high stabilities. Additional requirement for an ideal acceptor or donor is a huge electron/hole mobility to capitalize charge transport.
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