New NanoMarkets Report Identifies the Key Opportunities for Silver in Photovoltaics

New NanoMarkets Report Identifies the Key Opportunities for Silver in
Photovoltaics

GLEN ALLEN, Va., May 27 /PRNewswire/ -- NanoMarkets, a leading industry
analyst based here, today announced the release of "Silver Markets for
Photovoltaics." This report is one of a series of "Metals in PV" reports
examining opportunities for various metals in the photovoltaics industry.
This report contains an analysis and market projections of silver inks, pastes
and other related materials based on NanoMarkets' ongoing research on
materials used in photovoltaics (PV). Further details about the report are
available at www.nanomarkets.net.

Key Findings:

PV is the fastest growing application for silver; NanoMarkets' research
suggests that the volume of silver used for photovoltaics will reach over 24
million troy ounces in 2016.

The market dynamics of the silver and PV market are changing. As thin-film
and organic PV begin to take a larger share of the overall PV market the use
of silver will shift from that of a simple coating used to fabricate the top
electrodes in crystalline silicon PV to that of a key determinant in boosting
efficiencies and materials performance. NanoMarkets believes that thin-film
PV and organic PV both will account for 27 percent of silver used by PV in
2016.

NanoMarkets also believes that silver reflective coatings could prove of
immense importance in getting organic PV (OPV) to performance levels that
would make its satisfactory for its biggest area of opportunity; building
integrated photovoltaics (BIPV).

While PV silver will continue to be dominated by simple silver pastes, the
need for higher performance will create demand for pastes manufactured from
nanomaterials which have higher degrees of conductivity than regular pastes.

Another new opportunity can be found in transparent composite materials in
which indium tin oxide (ITO) or conductive polymers are mixed with silver to
create new materials for high performance top electrodes. These composites
are being tried out first in OPV, but NanoMarkets believes that they will have
applications throughout the industry.

About NanoMarkets:
NanoMarkets tracks and analyzes emerging market opportunities in energy and
electronics markets. The firm has published numerous reports related to new
developments in power sources, electronic device and fabrication techniques
and electronics materials. NanoMarkets' research database is the industry's
most extensive source of information on thin film, organic and printable (TOP)
electronics. Visit www.nanomarkets.net for a full listing of NanoMarkets'
reports and other services.

SOURCE NanoMarkets

Robert Nolan of NanoMarkets, +1-804-360-2967, info@nanomarkets.net