Sony says develops cost-efficient solar cells

Japanese electronics conglomerate Sony Corp said on Sunday it has developed dye-sensitized solar cells with an energy conversion efficiency of 10 percent, a level seen necessary for commercial use.

Dye-sensitized solar cells, which use photosensitive dye and do not require costly and large-scale production equipment, are seen as a promising next-generation solar cell variety and potential threat to silicon-based solar cells.
Sony’s dye-sensitized solar cell operations are still in the research and development stage and nothing has been decided on potential commercialization, a company spokesman said.

Global sales of solar cells are growing briskly due to higher oil prices and strong demand for renewable energy.

Reuters