First Solar Sets Another World Record for CdTe Solar PV Efficiency

According to the press release, “First Solar, Inc.  today announced it set a new world record for cadmium-telluride (CdTe) photovoltaic (PV) solar module efficiency, achieving 14.4 percent total area efficiency. The U.S. Department of Energy’s National Renewable Energy Lab (NREL) confirmed the record, which eclipsed the prior record of 13.4 percent, which also was set [...]

Boeing has started mass production of its Newest Terrestrial Solar Cell

Press release states, “The Boeing Company [NYSE: BA] today announced that Spectrolab, a wholly owned subsidiary, has started mass production of its newest terrestrial solar cell, the C3MJ+. With an average conversion efficiency of 39.2 percent, C3MJ+ will be the industry’s highest-efficiency cell. The concentrator photovoltaic (CPV) cells — used for renewable energy — draw [...]

1366 Technologies raises $20 million series B financing round

According to the press release, “1366 Technologies, whose innovative approaches to solar manufacturing have the potential to halve the cost of solar energy, announced today the close of a $20 million Series B financing bringing the Company’s total amount raised to $37.55 million. Korea’s Hanwha Chemical and Ventizz Capital Fund IV L.P., one of Europe’s [...]

Yingli Green Energy Announces New 700 MW Capacity Expansion Projects

According to the press release, “Yingli Green Energy Holding Company Limited (NYSE: YGE) (“Yingli Green Energy” or the “Company”), a leading solar energy company and one of the world’s largest vertically integrated photovoltaic manufacturers, which markets its products under the brand “Yingli Solar,” today announced its new 700 MW capacity expansion projects to be located [...]

First Solar Becomes First PV Company to Produce 1GW in a Single Year

According to the Press Release, “First Solar Inc. (Nasdaq: FSLR) today announced it has manufactured and shipped more than 1 gigawatt (GW) of its photovoltaic (PV) solar modules in 2009, becoming the first PV company to attain this production volume in a single year. One gigawatt of solar modules produces enough electricity to serve the [...]