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BIPV Poised for Explosive Growth

Building-integrated photovoltaics (BIPV) currently make up a small but increasing part of the world PV market, and many analysts predict a growth explosion in the sector, resulting in a multibillion-dollar annual market segment. The global BIPV market was estimated at 1201 MW in 2010 and is expected to increase at a 56% compound annual growth rate (CAGR) to reach a capacity of 11,392 MW in 2015, according to Building-Integrated Photovoltaics (BIPV): Technologies and Global Markets, a new report from analysis firm BCC Research.

Read more: Renewable Energy News - RenewableEnergyWorld.com