Germany’s Fraunhofer ISE has collaborated with Austrian company EV Group to achieve the record-breaking efficiency for silicon-based multi-junction solar cells.
Gian Paolo Fedrigo, CEO of Italian backsheet specialist Coveme, discusses the company’s R&D strategy, product innovation, and plans for the growing Indian market.
Swiss PV technology provider Meyer Burger has announced a recapitalization program that will see the company issue CHF160 million in new shares to ensure the repayment of a CHF130 million bond due in 2017, adjust the conditions of a second CHF100 million bond, proposing a 2018 put option be removed, and increase a borrowing provision on its headquarters from CHF30 million to CHF60 million.
Scientists from Stanford University and Oxford University have been working on solar cells made with perovskite crystal stacked in tandem, and in a recent breakthrough have achieved an energy efficiency of 20.3% using the cells, which are significantly cheaper to produce than silicon cells.
The stunning fall in solar module prices being witnessed in most global markets might be good news for project developers and end-market consumers, but it is going to pose major challenges to many of the big module manufacturers.
The British perovskite research startup has now attracted GBP 21.3 million (USD 27 million) investment over the last 18 months, which the company is using to bring the commercialization of perovskite PV technology closer to realization.
The Chinese PV manufacturing heavyweight achieved an aperture efficiency record of 19.86%, which is up a significant 0.7% from the previous record of 19.14%, as the trend in the industry is for continuing efficiency improvements across all solar cells and modules.
The International Energy Agency (IEA) is due to release its annual report in a couple of weeks, and the agency has said that it will be “significantly” raising its outlook for solar and wind installations, as more countries have been adopting climate change policies.