New World Record For Efficiency For Solar Cells

Physicist Bram Hoex and colleagues at Eindhoven University of Technology, together with the Fraunhofer Institute in Germany, have improved the efficiency of an important type of solar cell from 21.9 to 23.2 percent (a relative improvement of 6 per cent). This new world record is being presented on Wednesday May 14 at a major solar energy conference in San Diego.

The efficiency improvement is achieved by the use of an ultra-thin aluminum oxide layer at the front of the cell, and it brings a breakthrough in the use of solar energy a step closer.
An improvement of more than 1 per cent (in absolute terms) may at first glance appear modest, but it can enable solar cell manufacturers to greatly increase the performance of their products. This is because higher efficiency is a very effective way of reducing the cost price of solar energy. The costs of applying the thin layer of aluminum oxide are expected to be relatively low. This will mean a significant reduction in the cost of producing solar electricity.

Science Daily