NewswireToday - /newswire/ -
New Tripoli, PA, United States, 2012/02/08 - SolarPA has been able to reduce the cost of its proprietary nanocrystal coating on completed solar cells to $0.20 per module while at the same time improving the absolute solar cell efficiency by 1.0% - SolarPA-Inc.com.
SolarPA (New Tripoli, PA) has been able to reduce the cost of its proprietary nanocrystal coating on completed solar cells to $0.20 per module while at the same time improving the absolute solar cell efficiency by 1.0%, turning cells with an average efficiency of 17.3% into cells with an average efficiency of 18.3%.
"The breakthrough enables any polycrystalline solar cell plant, to automatically increase its output by 1%," noted Dr. Robert Castellano, CEO of SolarPA. "More importantly, marginally efficient cells, such as those at 15% and often scrapped, can become usable for installation into a panel."
The company is currently evaluating different technologies to deposit its NanoCoat at production throughputs. These technologies include dip coating and screen printing. NanoCoat application is completely non-disruptive to the production line, and coated after a cell is made.
"Our technology is instrumental to U.S. and European solar cell manufacturers to compete against low-cost products coming out of China," added Dr. Castellano. "With the Chinese renowned for low-cost manufacturing, can the non-Chinese solar manufacturers compete against the likes of Suntech Power (STP), Yingli Green Energy, Trina Solar, Solarfun, and Canadian Solar?
This year we expect that more than 21 GWatts of solar cells will be installed, up from 20 GWatts in 2011. Moreover, the Chinese solar cell manufacturers produce more than 50% of the worldwide cells and export more than 90%. Five of the top 10 solar panel makers in the world are from China.
There is a constant struggle by solar manufacturers to keep production costs down and increase solar cell efficiency. Financial challenges are forcing solar photovoltaic (PV) companies to shift focus from seeking market share to instead prioritizing a return to profitability, according to NPD Solarbuzz’.