Abstract
Summary
Indium currently plays two important roles in the photovoltaic industry.
First, it is used in the form of indium tin oxide (ITO) - the transparent
conductor in PV devices. This is the largest role for indium in the PV
industry; however, the future of ITO is in question as better performing
transparent conductors emerge. Indium' s second role in the PV industry is as
one of the active materials in the thin-film PV technology copper
indium/gallium diselenide (CIGS) cells. While CIGS holds only a small
percentage of the PV market today, it is considered the wave of the future for
thin-film PV, and thus represents a growing market for indium.
The continuing hyper-growth in the PV industry combined with the expectation
that CIGS PV will take a more prominent position within this industry will
create a new demand pool for indium. This report will provide more on how this
growth will occur and what this will mean for indium producers. The report
will focus on traditional indium, but will also discuss the use of newer
materials such as indium-containing composites. The report begins with a
review of the state of the PV industry and then goes into indium' s current and
potential roles in each of the PV segments. Finally, the report quantifies the
opportunities for indium in the PV space through an eight-year forecast.
This report is one of a seven-report series on Metals in PV.
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