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Solar-cell efficiency is the portion of energy in the form of sunlight that can be converted via photovoltaics into electricity by the solar cell. The efficiency of the solar cells used in a photovoltaic system , in combination with latitude and climate, determines the annual energy output of the system.
Efficiency goals achievable by 2019 are identified as 48% for cells and 40% for modules at >800x concentration. [15] A 41.4% module efficiency was announced at the end of 2018. [16] The Australian Renewable Energy Agency (ARENA) extended its support in 2017 for further commercialization of the HCPV technology developed by Raygen. [17]
Success of cadmium telluride PV has been due to the low cost achievable with the CdTe technology, made possible by combining adequate efficiency with lower module area costs. Direct manufacturing cost for CdTe PV modules reached $0.57 per watt in 2013, [ 82 ] and capital cost per new watt of capacity was about $0.9 per watt (including land and ...
First Solar Sets CdTe Module Efficiency World Record, Launches Series 3 Black Module 16.1 Percent Total Area Efficiency Module Confirmed by NREL; Enhanced Series 3 Module Platform Certified for ...
In September 2012 the German Manz AG presented a CIGS solar module with an efficiency of 14.6% on total module surface and 15.9% on aperture, which was produced on a mass production facility. [24] MiaSolé obtained a certified 15.7% aperture-area efficiency on a 1m 2 production module, [ 25 ] and Solar Frontier claimed a 17.8% efficiency on a ...
The system contains several photovoltaic solar cells which are combined to boost power production even further. Once connected the cells become modules that can be combined into arrays to provide increasing levels of solar power. [13] Amonix has achieved a world record 34.9% outdoor efficiency and 36.2% peak efficiency in its modules. [14]
2008 - New record achieved in solar cell efficiency. Scientists at the U.S. Department of Energy's National Renewable Energy Laboratory (NREL) have set a world record in solar cell efficiency with a photovoltaic device that converts 40.8% of the light that hits it into electricity. However, it was only under the concentrated energy of 326 suns ...
Since then, the solar industry has been using AM1.5 for all standardized testing or rating of terrestrial solar cells or modules, including those used in concentrating systems. The latest AM1.5 standards pertaining to photovoltaic applications are the ASTM G-173 [ 10 ] [ 11 ] and IEC 60904, all derived from simulations obtained with the SMARTS ...