First Solar and Intermolecular yesterday announced a collaboration and licensing agreement aimed at accelerating the efficiency roadmap for First Solar’s cadmium-telluride (CdTe) photovoltaic (PV) technology. First Solar is the world’s largest thin film PV solar module manufacturer and the leader in thin film PV utility-scale solar power plants.
In 2010 Taiwan’s annual production of solar cells grew by 118 percent, reaching a capacity of 27.2 gigawatts, while combined solar cell shipments by China and Taiwan accounted for 62.2 percent of global exports of solar cells, making Asia the world’s leading region for solar cell exports.
Anyone who follows news on new solar technology is probably aware that conversion efficiency, that is, the amount of solar light, that actually becomes electricity, is the top challenge for this industry. Currently the top conversion rate is around 18% which means there’s definitely room for much more efficiency.
In a recent interview, Hypersolar’s CEO Tim Young