Solar Energy - Cleantech Forecast

The authors predict a bright future for the Solar Energy field. This industry sector will likely generate significantly higher levels of patents in the coming years. As reflected in the Solar Energy Forecast chart, the number of patents to be issued in the U.S. is expected to take off from about 360 patents in 2008 to well over 900 patents in 2012. Thus, the solar energy market is set for a precipitous rise in the number of issued U.S. patents over the next several years, and reflects a market that is planning to come of age in the near future.

The future leaders in the industry include those concentrating on the development and manufacturing of highly efficient solar cells. For example, the authors foresee Sanyo Electric as a leader in obtaining U.S. patents in the coming years; Sanyo is well known for the development of the HIT solar cells, which have some of the highest energy conversion efficiencies for crystalline silicon-type solar cells. Also, Applied Materials is expected to obtain significant U.S. patents; Applied Materials has recently completed several acquisitions in the solar industry and is a leading manufacturer of solar equipment, including crystalline silicon photovoltaic cells. Finally, Hon Hai Precision Industries has recently filed numerous U.S. patent applications and is expected to be a major recipient of U.S. patents by 2011; Hon Hai is one of Taiwan’s biggest manufacturing conglomerates, and its entry into the solar field is by way of Tatung and its thin film solar cell technology.

As reflected in the Solar Energy Forecast chart, from 2005-2008 only Boeing and Canon, and to a lesser extent, Sharp, have obtained a significant U.S. patent portfolio in the solar energy field. To date, the industry is better categorized as one where many participants have obtained a few U.S. patents. As reflected by the data, with the expected growth in this industry there will be new dominant players.