New Technologies Will Cut Cost of PV Metallization by up to 50%
With profit margins eroding, optimization of this critical step is key to solar success, says Lux Researc
BOSTON--Metallization of solar cells – laying down metal electrodes to collect the electricity generated by the sunlight – is costly, largely because of the high and rising cost of the silver that's typically used. Now, however, emerging technologies like copper metallization, nickel phosphide, and non-contact printing techniques are set to start slicing costs, according to Lux Research.
Innovation in photovoltaic metallization has the potential to lower costs by up to 50% and improve process yields for the three major technology categories – crystalline silicon (x-Si), copper indium gallium (di)selenide (CIGS) and cadmium telluride (CdTe).
"Tomorrow's PV winners will be those companies that can reduce their production costs in $/W and maintain sustainable profit margins. Metallization is a key materials-driven driver for higher efficiencies, reduced production costs and improved yields," said Fatima Toor, Lux Research Analyst and the lead author of the report titled, "Key Issues and Innovations in Photovoltaic Metallization."
Lux Research analysts studied emerging innovations in metallization to determine their impact on solar cell production. Among their findings:
*Drive to reduce silver use is inevitable. Over the past decade, silver prices have risen six-fold to about $30/ounce, necessitating lower usage and other work-arounds. Applied Materials' double-printing tool reduces silver usage by 30% relative to conventional screen printing and improves absolute cell efficiencies by 0.3% to 0.5%, offering the nearest term bang for the buck. But the technology roadmap won't stop there.
*Copper pastes are the logical metallization winner. Copper is the leading contender to displace silver, given its abundance and established use in the semiconductor electronics industry. But copper pastes need further development because they lag in cell performance and long-term durability; Napra and Japan's National Institute of Advanced Industrial Science and Technology (AIST) are blazing the trail but others will enter to open a path to practical copper metallization for both x-Si and CIGS PV.
*Nickel phosphide (Ni2P) will be the widely adopted back contact for CdTe metallization. Ni2P has shown durability, anneals at high temperature and does not require expensive materials. It can slightly trim costs and significantly improve yields.
The report, titled "Key Issues and Innovations in Photovoltaic Metallization," is part of the Lux Research Solar Components Intelligence service.
About Lux Research
Lux Research provides strategic advice and on‐going intelligence for emerging technologies. Leaders in business, finance and government rely on us to help them make informed strategic decisions. Through our unique research approach focused on primary research and our extensive global network, we deliver insight, connections and competitive advantage to our clients. Visit www.luxresearchinc.com for more information.
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