While Solar PV module prices have dropped from their height in 2007, of $3.50 per watt, to $.95 per watt in 2012, BoS costs, have remained largely unmoved. GTM Research, estimates a .0-.08 fall in BoS costs between 2012, and 2016.
At AGRION’s Solar Finance and Technology Cocktail, Danny Gold, of AECOM, presented on technology trends in solar, focusing in particular on multijunction cells. He posited that when commercialized, multijunction PV technology would have the potential to make the most difference in reducing BoS costs. Indeed, a graph from GTM’s report shows that a Blende c-SI installation, with 15% efficiency has a BoS cost of 50 cents, as opposed 59 cents, for a CdTe installation, with 12% efficiency.
At AGRION’s Solar Finance Task Force, Ben Healey, Senior Manager at CEFIA, presented on CEFIA’s strategies for reducing customer acquisition costs, which can account for 10-70 cents per watt. One of the programs he mentioned, called SolarizeCT, saw a reduction of over a dollar per installed watt throughout participating counties. See slides here.
In this meeting, we examine ways to reduce solar BoS costs, through panel efficiencies, web applications for demand aggregation, and more.
Location: 10 Rockefeller Plaza, 16th Floor, New York, NY 10020