Solar Junction beats record again…and now at 1000 suns

Solar Junction beats record again…and now at 1000 suns

Semiconductor Today, October 15th, 2012 Solar Junction of San Jose, CA, USA, which manufactures III-V multi-junction solar cells for concentrated photovoltaics (CPV), has set raised its own world record for the energy conversion efficiency of a commercial-ready production solar cell, from 43.5% at 418 suns (achieved in April 2011) to 44% at 947 suns now,…

1.2GW of CPV in 2016 according to IMS Research

1.2GW of CPV in 2016 according to IMS Research

IMS Research, September 26th, 2012 The concentrated photovoltaic (CPV) market is forecast to double in 2012 and reach almost 90 MW or $325 million, according to a new report from IMS Research (recently acquired by IHS Inc. (NYSE: IHS)). Furthermore, IMS Research predicts installations of this emerging technology will grow rapidly over the next five…

CPV to gain momentum as European subsides decline

CPV to gain momentum as European subsides decline

Lux Research, June 26th, 2012 According to a new report from Lux Research, “Putting High‐Concentrating Photovoltaics into Focus,” the concentrated PV market will expand extensively in the next five years. The market for high-concentrating photovoltaics (HCPV), also known as concentrated photovoltaics (CPV), will be worth $1.6 billion by 2017. The June 26 report claims that…

SHARP’s NGCPV 3J cell equals Solar Junction’s world record

SHARP’s NGCPV 3J cell equals Solar Junction’s world record

Sharp, May 31st, 2012 Developed within the NGCPV project by Japan’s SHARP, achieves world record for PV energy conversion, 43.5% efficiency at 306 suns. This conversion efficiency record has been confirmed by NGCPV participant, Fraunhofer Institute for Solar Energy (one of the several organizatiosn around the world that officially certifies energy conversion efficiency measurementsin solar…