Solar3D, a technology company developing a breakthrough 3-dimensional solar cell technology to maximize the conversion of sunlight into electricity, recently announced the results of a simulated test of its new solar cell design that projects the conversion efficiency to be in excess of 25%, which is well above the current market standard that hovers around 15%.
“We are very encouraged by these test results,†said Jim Nelson, Solar3D CEO and President. “We are now evaluating various methods of fabricating a prototype. If the results of our tests hold up in fabrication, as we expect, then our product’s performance will be among the very highest conversion efficiencies achieved by silicon solar cells.â€
The next step for the company will be to find a manufacturing partner to help it bring its product to market. Nelson believes Solar3D’s solar cell is a game-changing technology that could “dramatically change the economics of solar powerâ€.
“Increasing conversion efficiency and reducing manufacturing costs will ultimately drive solar to economic parity with the low cost alternatives,†said Nelson. “With the increased efficiency that comes from our new design, we take a giant step in that direction.â€
Elsewhere: Solar Energy Reaches a New Efficiency Record
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