High-Concentration Solar Photovoltaic Systems to Reach Greater Efficiencies, Boosting Appeal Against Conventional Solutions Consistent improvements in technology and gradually lower costs will drive high-concentration photovoltaic (HCPV) systems to superior efficiencies, making HCPV an increasingly viable rival to conventional solar-generating solutions, according to the latest analysis from IHS Technology (NYSE: IHS). The cell efficiency of HCPV systems, currently at 40 to 42 percent, …
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Concentrated Photovoltaic Solar Installations
Set to Boom in the Coming Years After years of slow progress, the global market for concentrated photovoltaic (CPV) systems is entering a phase of explosive growth, with worldwide installations set to boom by 750 percent from 2013 to the end of 2020. CPV installations are projected to rise to 1,362 megawatts in 2020, up from 160 megawatts in 2013, …
Read More »Solar News: World Record Solar Cell with 44.7% Efficiency
The Fraunhofer Institute for Solar Energy Systems ISE, Soitec, CEA-Leti and the Helmholtz Center Berlin jointly announced today having achieved a new world record for the conversion of sunlight into electricity using a new solar cell structure with four solar subcells. Surpassing competition after only over three years of research, and entering the roadmap at world class level, a new …
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