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Sunday, January 14, 2007

Solar Cell Efficiency of 40 percent reached

DOE Assistant Secretary for Energy Efficiency and Renewable Energy Andy Karsner announced January 10th that a concentrator solar cell produced by a Boeing-Spectrolab team recently achieved a record conversion efficiency of 40.7 percent. This breakthrough may lead to systems with an installation cost of only $3 per watt, vs. $6 to $8 today, producing electricity at a cost of 15 to 20 cents per kilowatt/hour (without incentives), making solar electricity more cost-competitive. The best current commercial systems are less than 13 percent efficient, so it may be some time before these cells actually make it to market.

Posted by Jerry Yudelson on 01/14/2007 at 04:10 PM

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