Home > News > Innovalight predicts its silicon ink will dramatically cut cost of solar power
October 11th, 2007
Innovalight predicts its silicon ink will dramatically cut cost of solar power
Abstract:
Innovalight creates nanoparticles of silicon that it uses to make ink "and we can end up with something that looks not very different from what a solar cell looks like today, except we got there substantially faster and cheaper, and we use less material," he said.
The goal is to achieve "double digit" efficiency, higher than current levels for other thin-film-based solar cells, although Burke wouldn't reveal a specific number. The industry standard is 14 or 15 percent, although some companies talk about reaching 20 percent efficiency. Efficiency measures the percentage of absorbed light converted to electricity.
As far as price, Burke talks about producing solar cells that are an order of magnitude cheaper than what's available today. "Certainly, long term, we believe this technology has the potential to get well below 50 cents a watt," he said. The Web site solarbuzz.com says the retail price per watt in the United States is $4.84 this month.
Source:
mercurynews.com
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