Owing to increased demand for novel installations in North America, Europe and certain regions of Asia, DuPont expects its sales of photovoltaic products to grow more than 50% in 2010. The company hopes its photovoltaic sales to cross $1 billion by 2011 and $2 billion by 2014.
DuPont’s president for Electronics & Communications David B. Miller stated that the materials offered by the company offer superior reliability and performance to photovoltaic modules. The company also offers customized solutions to customers.
In 2009, the company’s photovoltaics sales crossed $550 million, which is a 25% increase from 2008 and outperformed the industry performance that showed a decline in growth of around 10%. This growth can be attributed to the company’s new innovations, which help improve lifetime and module efficiency and also facilitate novel photovoltaic applications and technologies.
DuPont Photovoltaic Solutions offers over 10 products crucial to the production of photovoltaics. DuPont technology and materials are developed in such a way as to enhance the lifetime and efficiency of thin-film photovoltaic and crystalline silicon solar modules, while decreasing the cost of systems.