06 Sep '17, 7pm

Why Solar and Battery Gigafactories Will Not Drastically Reduce PV and Storage Costs

Lately we’ve been hearing a lot about gigawatt-scale fabrication shops (fabs) for both PV (NY) and batteries (NV) . And they are promoted as being able to provide great economies of scale that will dramatically and magically accelerate the cost reduction learning curve. But the fact of the matter is that it’s not quite so simple in reality. And, just like the revelation that the Wizard of Oz is just a man behind a curtain, the truth may come as a disappointment to many. Having worked on setting up components of GW fabs (thin-film PV), and from being involved in the equipment sector of both the solar and semiconductor manufacturing business, I can offer a bit of a peek behind the curtain. While there is definite validity to the notion of economies of scale, there are some hard realities that can’t allow for hyper-accelerating the cost reduction learning curve that we have a...

Full article: http://www.renewableenergyworld.com/articles/2017/09/why-...

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