28 Feb '12, 6am

Update: Solar Firms Setting New Records in Efficiency and Performance

(NASDAQ: FSLR) hit a new world record for CdTe PV module efficiency with a 14.4 percent total area efficiency in January. That mark comes six months after First Solar hit a CdTe solar cell efficiency of 17.3 percent. Both records were set at the firm's Perrysburg, Ohio factory. Alta Devices' most recent gallium arsenide (GaAs)-based solar panel boasts a 23.5-percent efficiency, as verified by the National Renewable Energy Laboratory (NREL). The firm claims that "This is the highest solar panel efficiency yet achieved." The press release did not discuss the size of the panel and the company has not yet responded to our inquiry. Alta Devices has won more than $120 million in venture funding from August Capital, Kleiner Perkins Caufield and Byers, Crosslink Capital, DAG Ventures, NEA, Presidio Ventures, Technology Partners, Dow Chemical, AIMCo, Good Energies, Energy Technolog...

Full article: http://www.greentechmedia.com/articles/read/Update-Solar-...

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