DuPont Expects to Triple its Annual PV Sales to More than USD 1 Billion in 2012

DuPont expects to nearly triple its annual photovoltaic sales to more than USD 1 billion in 2012 based on strong fundamentals for long-term revenue growth in the photovoltaic solar energy market, combined with the company’s ability to deliver new technologies to the industry.

“Through investments in materials, technology development and manufacturing, DuPont is accelerating its ability to deliver innovations that will improve the lifetime and efficiency of photovoltaic modules,” Dave Miller, group vice president, DuPont Electronic and Communication Technologies, said yesterday at the Jefferies 7th Global Clean Technology Conference in New York. “We also are investing in greater production capability to help keep pace with the fast-rising global demand.”

DuPont anticipates that the photovoltaic market will grow by double digits over the next several years, driving demand for existing and new materials that are more cost effective. The market size today is about USD 30 billion, and according to industry estimates, will increase to USD 70 billion by 2013.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.