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Manufacturers of dye-sensitized cells (DSC) are shifting their attention to new applications where the capabilities of this PV technology can be better sold. These include applications in the building-integrated photovoltaics (BIPV) space and applications where the available light is limited. Meanwhile an apparent resurgence of interest in DSC has been reflected in a growing number of alliances being formed and the emergence of new materials suppliers. There have been technical improvements too. And although DSC cells continue to lag all other forms of PV (except organic PV (OPV)) in terms of efficiency, in the past couple of years DSC firms have been showing performance improvements that brings their offerings close to amorphous silicon (a-Si) PV. Given these trends, NanoMarkets believes that revenues from DSC sales will climb from $28 million in 2011 to $4.89 billion in 2018.
The data for this paper was sourced from the NanoMarkets report, Dye Sensitized Cells: Materials, Applications and Opportunities – 2011