Disruptive Photovoltaic Technologies Can Accelerate Global Decarbonization

Billy Stanbery, Jao van de Lagemaat

Research output: Contribution to conferencePaperpeer-review


This contribution explores PV manufacturing capacity expansion trajectories needed to achieve the goal of global decarbonization assuming that investors make financially rational decisions avoiding stranded production assets while still effectively exploiting experience curve benefits in both manufacturing process and product design. Substantial production cost savings and timely decarbonization risk mitigation could accrue by adoption and scaling of high efficiency multijunction device architectures and thin film direct bandgap semiconductor technologies that provide lower manufacturing capital intensity. We demonstrate that there is a 1-2 Trillion market opportunity for such disruptive technologies while also providing 100's of billions of 's of cost savings to reach total decarbonization.

Original languageAmerican English
Number of pages4
StatePublished - 2023
Event15th Annual IEEE Green Technologies Conference, GreenTech 2023 - Denver, United States
Duration: 19 Apr 202321 Apr 2023


Conference15th Annual IEEE Green Technologies Conference, GreenTech 2023
Country/TerritoryUnited States

Bibliographical note

Publisher Copyright:
© 2023 IEEE.

NREL Publication Number

  • NREL/CP-5900-84675


  • Decarbonization
  • Disruptive technology
  • Energy Transition
  • Photovoltaics
  • Renewable Energy
  • Solar Energy


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