Expert's Opinion

The Future of Thin Film Solar: A Market on the Rise

IDTechEx forecasts that the thin film PV market will exceed US$11 billion by 2035, growing from US$5 billion in 2025.

The renewable energy landscape is evolving rapidly, with solar power leading the way. In 2023, global investments in solar energy reportedly surpassed all other power generation sources—including oil—for the first time. While silicon photovoltaics (PV) continue to dominate the market, a variety of emerging and established technologies also contribute to the sector’s evolution. Amongst these, thin film PV had previously accounted for less than 5% of all global solar installations. Howeve...

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