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Concise overview of BIPV systems and its future scope

Global market for Building-integrated photovoltaics (BIPV) is projected to grow from a current low of US$5B to a high of US$26B by 2022. This represents an exponential growth of 27 per cent CAGR. There appears to be a sudden surge of interest in BIPV. It is not driven by the finite space available for rack mounted rooftop PV. BIPV, as applied to the façade, will offer the best option to increase solar integration into the built environment. This appears to be consistent with the big rush for decentralised building and nett zero energy buildings.This new technology is specially developed to empower architects the world over to indulge in solar architecture by effectively addressing, issues relating to aesthetic and architectural appeal. It offers colourful photo voltaic panels that looks pleasingly like a glass while performing highly efficient PV. It is an all value proposition which also includes impressive fiscal benefits to be derived from Green Mark and other international benchmarks and certifications.
Concise overview of BIPV systems and its future scope
Published:

Concise overview of BIPV systems and its future scope

Published: