By using integrated solar when building, one doesn't need both conventional windows and solar panels -- they can use windows that generate solar power. Other exterior surfaces, like roofs, can also have integrated solar. With increased economies of scale from increased demand, prices for these materials will be only slightly more than conventional materials, and much less than it would cost to add photovoltaic (PV) panels after construction. It also eliminates the appearance of the external panels, something many people find objectionable.
From
Bloomberg:
From stadiums in
Brazil
to a bank headquarters in Britain, architects led by Norman Foster are
integrating solar cells into the skin of buildings, helping the market
for the technology triple within two years.
Sun-powered systems will top the stadia hosting 2014 FIFA
World Cup football in Brazil. In Manchester, northern
England, the Co-operative Group Ltd. office has cells from Solar Century Holdings Ltd. clad into its vertical surfaces.
The projects mark an effort by
designers to adopt building- integrated photovoltaics, or BIPV, where
the power-generating features are planned from the start instead of
tacked on as an afterthought. Photographer: Harold Cunningham/Getty
Images
Solarcentury Holdings Ltd. clad
the vertical surfaces of the Co-operative Group Ltd.’s building in
Manchester. Source: solarcentury.com via Bloomberg
The market for solar laid onto
buildings and into building materials is expected to grow to $7.5
billion by 2015 from about $2.1 billion, according to Accenture, citing
research from NanoMarkets. Source: solarcentury.com via Bloomberg
The projects mark an effort
by designers to adopt building-integrated photovoltaics, or BIPV, where
the power-generating features are planned from the start instead of
tacked on as an afterthought. Foster and his customers are seeking to
produce eye-catching works while meeting a European Union directive that
new buildings should produce next to zero emissions after 2020.
“Building
integrated solar in office buildings and factories which generate
energy consistently during daylight hours, whilst not requiring
additional expensive land space or unsightly installations, is seen as
the most obvious energy solution,” said Gavin Rezos, principal of
Viaticus Capital Ltd., an Australian corporate advisory company that’s
one of the
private equity funds putting money into the technology.
Growing Market
The
market for solar laid onto buildings and into building materials is
expected to grow to $7.5 billion by 2015 from about $2.1 billion,
according to Accenture Plc, citing research from NanoMarkets. Sales of
solar glass are expected to reach as much as $4.2 billion by 2015, with
walls integrating
solar cells at $830 million. About $1.5 billion is expected to be generated from solar tiles and shingles.
The
technology provides a respite for solar manufacturers, opening the way
for them to charge a premium for products. Traditional solar panel
prices have fallen 90 percent since 2008 due to oversupply, cutting
margins and pushing more than 30 companies including Q-Cells SE and a
unit of Suntech Power Holdings Co. into bankruptcy.
The industry is already well established in the U.S., where
Dow Chemical Co. (DOW),
the country’s largest chemical maker by sales, is selling in more than a
dozen states solar shingles that look like regular roofing material.
BASF SE (BAS) also is developing products for the market. The Santa Clara football stadium near
San Francisco will have three solar-array covered bridges, with a solar canopy built over a roof terrace, generating their own power.
‘Tipping Point’
“We’re
approaching a tipping point and at some point in the future building
integrated solar would be a must-have in the design of any new and
significant building,” said Mike Russell, managing director of
Accenture’s utilities group in
London.
Solar
technology has been installed onto the roof of the Pituacu Stadium in
Brazil, as well as its locker room and parking canopies, as the nation
prepares for the World Cup.
Viaticus has invested in
Dyesol Ltd. (DYE),
which makes dyes that mimic how plant leaves turn sunlight into energy.
The dyes increase the efficiency of solar cells and provide a product
that’s “highly desirable for all buildings, both new and refurbished,”
said Rezos.
Dyesol is working with
Tata Steel Ltd. (TATA)
on ways of incorporating its technology into steel roofing products for
industrial warehouses, said Richard Caldwell, its executive chairman.
Pilkington Group Ltd., a glass maker, plans to integrate the technology
into windows forming the sides of buildings, he said.
Private Equity
VantagePoint of San Bruno,
California,
and Scottish Equity Partners are backing the efforts of Solar Century
Holdings Ltd. in the U.K. to blend solar-generating technology into roof
tiles and slates that can be used on homes, offices and architectural
buildings. It clad the vertical surfaces of the Co-operative Group’s
building in Manchester.
Incorporating solar into building products does come with its challenges. Foster + Partners, the architectural firm led by
Norman Foster that refurbished the Hearst Tower in
New York
and designed a London skyscraper known as the Gherkin, said it’s
important to consider that the structures are accessible for cleaning
and maintenance. The company is designing a new office for Bloomberg LP
in London and has filed plans with city authorities detailing PV
installations blended into the roof.
Masdar Building
In
Abu Dhabi,
Foster spread 3,156 solar panels across the top of the Masdar Institute
building, providing shade for an interior colonnade for the energy
research organization.
“While the individual cells are discreet
and easy to integrate, they require cabling and additional elements that
need to be carefully incorporated,” said
David Nelson, head of design at Foster + Partners.
Integrated
solar products are still at least 10 percent more expensive than
traditional solar photovoltaic panels, said Alan South, chief innovation
officer at Solar Century.
“At the moment, it’s much cheaper to
install a conventional module unless your roof is an unusual shape --
and expensive solar installed on unsuitable roofs is a decorative design
feature, not an energy solution,” said Jenny Chase, solar analyst at
Bloomberg New Energy Finance.
Still, generating electricity where
it’s used becomes more attractive as the price of energy from large,
central fossil-fuel power stations increases. The cost of solar energy
is declining as centrally produced power rises, said Accenture’s
Russell. That will weigh on utilities.
“Next-generation solar
technologies could have a potentially devastating impact on the utility
industry’s revenues,” said Russell. “This will force utilities to spread
costs across fewer customers, driving up energy prices, and making
distributed generation even more attractive.”