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Market Opportunities of HCPV

The high growth opportunity for HCPV technology lies in regions with high direct normal irradiance (DNI), which includes West China, South Europe, USA, Mexico, Chile, Brazil, North and South Africa,Middle East, India and Australia.

Worldwide commercialization of HCPV technology has resulted in remarkable growth in MW-scale projects during the last 3 years and it is expected that the cumulative HCPV installation will reach up to 4 GW by 2020.