The Highest Efficiency of Thin Film Solar Cells?

Regarding the claiming of the highest efficiency of solar cells experts warn that record-level solar cell efficiency can be a one-time event. It should not interpret into production capacity. This is to respon that the companies for many times set a new record.

Along with the declining of the price of solar module panel and with the subsidies from government in many countries, the manufacturers are jockeying to become industry front-runners in cost and efficiency of solar cell. The claim also come from First Solar, one of the The U.S. manufacturer. It was  announced last week that Fist Solar set a new efficiency record for the thin-film solar cells. The cells are  made from cadmium-telluride (CdTe).

First Solar recorded the 17.3 % efficient solar cell. Jonathan Goldman (a clean-tech entrepreneur in Atlanta) said that this number is impressive and closes in on previous records set by the more-common silicon-based cells. According to him, Solar First much lower module production cost will give them a significant boost,”The company claimed that their the thin-film solar leader having the lowest costs in the industry.

The company was the first to bring the cost of solar power below $1 a watt – 6 cents per kilowatt-hour for utility systems. At this price, the Department of Energy says solar energy systems could be “broadly deployed across the country,” competing effectively with other sources of electricity, such as coal.

Recent government cuts and price reductions created a more urgent need for improved solar cell efficiency. The solar industry’s two largest markets, Germany and Italy, saw a drop in demand as a result of the government cutbacks.

Still, the U.S. continues to have a decent order backlog, Goldman says. The U.S. solar market doubled in size in 2010 and is expected to do nearly the same this year, according to Solarbuzz, a market research company. The U.S. will be one of the most promising growth markets over the next two years, Solarbuzz reports.

First Solar recently received what was believed to be the DOE’s largest single commitment to a solar power company, nearly $4 billion in conditional loan guarantees for some of its solar panel projects.

Regarding the claiming of the highest efficiency of solar cells experts warn that record-level solar cell efficiency can be a one-time event. It should not interpret into production capacity. This is to respon that the companies for many times set a new record.

Along with the declining of the price of solar module panel and with the subsidies from government in many countries, the manufacturers are jockeying to become industry front-runners in cost and efficiency of solar cell. The claim also come from First Solar, one of the The U.S. manufacturer. It was  announced last week that Fist Solar set a new efficiency record for the thin-film solar cells. The cells are  made from cadmium-telluride (CdTe).

First Solar recorded the 17.3 % efficient solar cell. Jonathan Goldman (a clean-tech entrepreneur in Atlanta) said that this number is impressive and closes in on previous records set by the more-common silicon-based cells. According to him, Solar First much lower module production cost will give them a significant boost,”The company claimed that their the thin-film solar leader having the lowest costs in the industry.

The company was the first to bring the cost of solar power below $1 a watt – 6 cents per kilowatt-hour for utility systems. At this price, the Department of Energy says solar energy systems could be “broadly deployed across the country,” competing effectively with other sources of electricity, such as coal.

Recent government cuts and price reductions created a more urgent need for improved solar cell efficiency. The solar industry’s two largest markets, Germany and Italy, saw a drop in demand as a result of the government cutbacks.

Still, the U.S. continues to have a decent order backlog, Goldman says. The U.S. solar market doubled in size in 2010 and is expected to do nearly the same this year, according to Solarbuzz, a market research company. The U.S. will be one of the most promising growth markets over the next two years, Solarbuzz reports.

First Solar recently received what was believed to be the DOE’s largest single commitment to a solar power company, nearly $4 billion in conditional loan guarantees for some of its solar panel projects.

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