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US photovoltaic giant First Solar announced that it has developed a thin film solar cell with a 21.0% conversion efficiency in the Ohio R&D center. This will set a new world record for the conversion efficiency of thin film photovoltaic technology and has been recognized as a world leader in high-tech products and technology solutions. Confirmed by Newport Corporation Technology and Application Center Photovoltaic Laboratory.
First Solar pointed out that this new world record is not just for cadmium telluride, but also for all single-junction thin-film solar technologies, and has been included in the National Research Institute of Renewable Energy (NREL) battery cell efficiency chart.
According to First Solar, the company plans to introduce photovoltaic cells with a conversion efficiency of 22% in 2015.
First Solar Produces Thin Film Solar Cell with 21.0% Conversion Efficiency at Ohio R&D Center
"In terms of the real potential of CdTe photovoltaic technology, our research has only just begun." First Solar Chief Technology Officer Raffi Garabedian said. Garabedian claims that this record-setting battery is based on the same manufacturing processes and materials that can be used for large-scale production.
First Solar claims that the company has successful experience in turning successful R&D results into vector production. In the second quarter of 2014, the average efficiency of components produced by First Solar increased by 0.5 percentage points to 14.0%. (Translator: Krystal)
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