silver

China’s Haitian Group has agreed to acquire Heraeus’ photovoltaic silver paste business for $68.6 million, including 100% equity in Heraeus Photovoltaics (Shanghai), Heraeus Photovoltaic Technology (Shanghai), and Heraeus Photovoltaics Singapore.

The Silver Institute and Metals Focus says global silver demand in 2024 will largely grow due to gains from green economy applications, especially the PV sector. It expects the global silver market to show a physical deficit of around 182 million ounces in 2024, marking the fourth consecutive year of shortfall.

The price of silver has increased over 30% since the beginning of the year, with a particularly strong increase being registered in the last few months.

Developed by researchers in China, the TOPCon solar cell was screen printed with a paste made of silver and aluminum on the front side and an aluminum-only paste on the rear side. They added silicon to the aluminum paste to reduce metal recombination and improve the device’s open-circuit voltage.

Scientists have used hydrometallurgical and electrochemical processes to recover pure silver from solar cells. The proposed technique also utilizes a method known as electrodeposition-redox replacement, which reportedly increases the silver recovery rate.

Researchers at James Cook University have developed a process to synthesize graphene from tangerine peel oil, which they then used to recover silver from waste PV material. To demonstrate the quality of the recovered silver and the synthesized graphene, they made a dopamine sensor that reportedly outperformed reference devices.

German research institute ISC Konstanz has developed a new method to measure the contact resistance of solar cell interconnections made with electrically conductive adhesives (ECA). The proposed approach reportedly enables the precise characterization of both contact resistivity and bulk resistivity.

German research institute Fraunhofer ISE has unveiled a new metallization process for heterojunction solar cells that reportedly increases power conversion efficiencies by over 0.1% while reducing silver consumption. A device built with the new technique achieved an efficiency of 23.2%.

Demand for silver in the photovoltaic industry hit 193.5 million ounces in 2023, according to the Silver Institute. It predicts that demand will grow by another 20% in 2024.

Researchers from Germany’s Fraunhofer ISE developed new techniques to reduce silver consumption in tandem perovskite silicon solar cells and heterojunction silicon PV devices. The new processes relate to cell metallization and module interconnection.