Solar Junction CPV cell hits 41.4 percent efficiency

Share

The U.S. manufacturer, which just last month reached 40.9 percent cell efficiency, announced it is also one of the finalists short listed for post-selection due diligence for the Department of Energy’s (DOE) Loan Guarantee Program (LGP).

If chosen, the company will receive an undisclosed amount of funding to commission its 250 megawatt capacity manufacturing facility, co-located with its headquarters in San Jose, California.

When asked if it will still go ahead with its expansion, should the funds not be awarded, a spokesperson tells pv magazine: "Solar Junction has made it through the first two cuts of the DOE Loan Guarantee Program, and now is in the final diligence pre-term sheet with the DOE. If Solar Junction doesn’t receive DOE Loan Guarantee, we will look into various forms of financing as Plan B. The company will still go ahead with expansion plans whether or not we get the DOE loan." It is, however, unclear what the other forms of funding are.

Solar Junction adds that it expects to begin shipping commercial cells, with "world record efficiency" this year.

"As the debate over PV versus CPV continues, we contend that with double the efficiency of traditional photovoltaics, the CPV sector is entering a high-growth period," said Jim Weldon, CEO of Solar Junction. "These recent NREL results reflect our continued commitment to efficiency gains and validate the advantages of our A-SLAM technology for the CPV sector."

In response to how the efficiency increase will affect the wider CPV and PV markets, the spokesperson comments: "Efficiency increases of multi-junction solar cells is a key driver to get CPV to grid parity. This is also an enabler for DOE’s Sunshot Program."

In a statement, Solar Junction explains that its cell "incorporates the proprietary adjustable spectrum lattice-matched, A-SLAM technology," which "accelerates the multi-junction cell annual efficiency increase in a customer-integrable and commercial form factor."

Popular content

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Share

Related content

Elsewhere on pv magazine...

Leave a Reply

Please be mindful of our community standards.

Your email address will not be published. Required fields are marked *

By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.

Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.

You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.

Further information on data privacy can be found in our Data Protection Policy.