Swedish advanced materials start-up Sol Voltaics today announced a research breakthrough that allows nanowires to be used to boost the efficiency of thin-film solar modules by as much as 50%.
The vast majority of solar modules being manufactured today have a sunlight conversion efficiency rating of 15% to 17%; the rating refers to the percentage of photons striking the modules that can be turned into electric current. The best solar module efficiency ratings from companies such as SolarCity, SunPower and Panasonic, are in the 22% range.
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Source: COMPUTER WORLD