Suniva, a newer entrant in the photovoltaic solar cell market claims its Research & Development team has created a solar cell that is capable of 20% efficiency using a simple cell design and screen printing technologies. The company backs up their claim by having their technology verified by the National Renewable Energy Laboratory (NREL). According to Suniva’s Founder & CTO, the company increase conversion efficiency while reducing processing time and achieving low costs. Suniva, manufacturers and markets its high efficiency solar cells under the ARTisun brand name which focuses on an intersection between high effiecncey and low cost.
What does this mean to you? The purpose of this blog is to first understand how important solar cell technology is the overall adoption rate of solar photovoltaic technology, as the efficiencies increase and costs decrease, that means more affordable solar panels that break even quicker, this trend in technology will eventually be responsible for mass adoption of solar panels. Typically a group of solar cells make up a solar panel (module), check out my previous post titled, “Solar Arrays Explained” to understand how individual solars cells become a solar array.