17 Oct '11, 11am

GE takes aim at First Solar with "more efficient" thin film panels

GE looks set to take on First Solar by producing thin-film solar panels it claims will convert 14 per cent of sunlight into electricity, which would put them among the most efficient on the market. The US conglomerate plans to open a new $300m factory in Colorado producing the panels next year which, it says, will produce enough panels per year to power 80,000 homes when commercial shipments begin in 2013. FURTHER READING GE to bring solar-powered carports to a parking lot near you GE research director: Solar to reach fossil fuel parity in five years GE has been ramping up its solar efforts and earlier this year unveiled a $600m investment to develop a thin film solar cell made from cadmium telluride, in conjunction with PrimeStar Solar, and signed more than 100MW of new commercial deals for solar thin-film products. The National Renewable Energy Lab (NREL) measured an ear...

Full article: http://www.businessgreen.com/bg/news/2117629/ge-takes-aim...

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