Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > European project breaks efficiency record by converting sunlight in electricity

Abstract:
Scientists of the Commission-financed project FULLSPECTRUM have developed photovoltaic (PV) multi-junction (MJ) solar cells which are able to convert 39,7 % of the energy of sun light into electricity. This is the highest percentage ever reached in Europe, according to researchers after their final workshop today in El Escorial, Spain.

European project breaks efficiency record by converting sunlight in electricity

El Escorial, Spain | Posted on November 20th, 2008

The main barrier to large-scale deployment of PV systems is the high production cost of electricity, due to the significant capital investment costs. Research is engaged to reduce manufacturing costs and to raise the efficiency of the cells. Today conventional PV cells made of silicon are converting only a fraction of the solar light spectrum around 17%.

FULLSPECTRUM's multi-junction solar cells are able to catch more sun light energy due to their composition of different materials, including gallium, phosphorus, indium and germanium. These multi-junction solar cells are expensive and have only been used for applications in space. However, the cost can be considerably reduced by arranging them in special panels witch include lenses that focus a large amount of solar energy onto the cells. These concentrators can reach far above 1000 times the natural solar power flux and have also been the object of the project research.

FULLSPECTRUM is an integrated project involving 19 European public and industrial research centres from seven EU Member States, as well as Russia and Switzerland. It is coordinated by the Universidad Politécnica de Madrid, Instituto de Energía Solar and started in November 2003 with an overall budget of € 14,7 Million of with the European Commission financed € 8.4 Million.

Background

The European Commission has spent more than € 105 Million in research on photovoltaic energy since the start of Framework Programme 6 in 2002. Many of the projects are trying to get production costs of silicon solar cells down.

Energy research is constituent of the European Union Energy and Climate Package. One of its ambitious targets for 2020 is to increase by up to 20% the level of renewable energy in the EU's overall final energy consumption. To reach this goal the European Commission started the Strategic Energy Technology (SET)-Plan.

The Solar Europe Industrial Initiative as part of the SET-Plan has recently elevated its target for the participation of photovoltaics in the European electricity demand by 2020 from 3% to 12%. This can be translated into installing from 350 up to 400 GW P (Gigawatt of peak capacity) in photovoltaics, corresponding to an average growth of ~40% per year from today's situation.

Back in 2006, the total installed capacity of PV systems in the EU was 3,4 GW P , representing approximately 0,5% of the total EU electrical capacity. The electricity generated by PV was approximately 2,5 TWh (Terawatthour), or 0,1% of the demand. The annual installations of PV systems in 2006 in the EU reached 1250 Megawatt.

####

For more information, please click here

Copyright © FULLSPECTRUM

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Leti Develops World’s First Micro-Coolers for CERN Particle Detectors: Leti Design, Fabrication and Packaging Expertise Extends to Very Large Scientific Instruments December 11th, 2017

UCLA chemists synthesize narrow ribbons of graphene using only light and heat: Tiny structures could be next-generation solution for smaller electronic devices December 8th, 2017

Untangling DNA: Researchers filter the entropy out of nanopore measurements December 8th, 2017

Device makes power conversion more efficient: New design could dramatically cut energy waste in electric vehicles, data centers, and the power grid December 8th, 2017

Energy

Inorganic-organic halide perovskites for new photovoltaic technology November 6th, 2017

Dendritic fibrous nanosilica: all-in-one nanomaterial for energy, environment and health November 4th, 2017

New nanomaterial can extract hydrogen fuel from seawater: Hybrid material converts more sunlight and can weather seawater's harsh conditions October 4th, 2017

Researchers set time limit for ultrafast perovskite solar cells September 22nd, 2017

Alliances/Trade associations/Partnerships/Distributorships

JPK Instruments announce partnership with Swiss company, Cytosurge AG. The partnership makes Cytosurge’s FluidFM® technology available on the JPK NanoWizard® AFM platform December 8th, 2017

Nano Global, Arm Collaborate on Artificial Intelligence Chip to Drive Health Revolution by Capturing and Analyzing Molecular Data in Real Time November 21st, 2017

EC Project Aims at Creating and Commercializing Cyber-Physical-System Solutions November 14th, 2017

GLOBALFOUNDRIES, Fudan Team to Deliver Next Generation Dual Interface Smart Card November 14th, 2017

Solar/Photovoltaic

Inorganic-organic halide perovskites for new photovoltaic technology November 6th, 2017

New nanomaterial can extract hydrogen fuel from seawater: Hybrid material converts more sunlight and can weather seawater's harsh conditions October 4th, 2017

Researchers set time limit for ultrafast perovskite solar cells September 22nd, 2017

Copper catalyst yields high efficiency CO2-to-fuels conversion: Berkeley Lab scientists discover critical role of nanoparticle transformation September 20th, 2017

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project