Nanotechnology Now

Our NanoNews Digest Sponsors





Heifer International

Wikipedia Affiliate Button


DHgate

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

Nanofiltration Membrane Market 2015 - Global Industry Survey, Analysis, Size, Share, Outlook and Forecast to 2020 July 31st, 2015

Nanozirconia Market 2015 - Global Industry Survey, Analysis, Size, Share, Outlook and Forecast to 2020 July 31st, 2015

Self-Healing Nano Anti-rust Coatings Market 2015 - Global Industry Survey, Analysis, Size, Share, Outlook and Forecast to 2020 July 31st, 2015

Nano Spray Instrument Market 2015 - Global Industry Survey, Analysis, Size, Share, Outlook and Forecast to 2020 July 31st, 2015

Energy

Springer and Tsinghua University Press present the second Nano Research Award: Paul Alivisatos of the University of California Berkeley receives the honor for outstanding contributions in nanoscience July 30th, 2015

Controlling Dynamic Behavior of Carbon Nanosheets in Structures Made Possible July 30th, 2015

March 2016; 6th Int'l Conference on Nanostructures in Iran July 29th, 2015

Reshaping the solar spectrum to turn light to electricity: UC Riverside researchers find a way to use the infrared region of the sun's spectrum to make solar cells more efficient July 27th, 2015

Alliances/Trade associations/Partnerships/Distributorships

Liquipel Debuts Eyesight-Saving ION-Glass Blue Light Protection for iPhones and Androids at RadioShack Stores Nationwide: Liquipel's Unique Protective Screen, Available at RadioShack, Cuts Harmful Blue Light Implicated in Macular Degeneration by 10x July 28th, 2015

Dais Analytic's Business Affiliate in China Announces Ten-Year Strategic Energy Efficiency Business Arrangement With COFCO: Dais Beijing to Perform Feasibility Study on Over 80 Buildings to Improve Efficiencies as Part of Overall Hotel Energy-Savings Project July 23rd, 2015

Leti and Diabeloop Project Aims at Developing Artificial Pancreas for Diabetes Treatment July 22nd, 2015

Imec and Panasonic Demonstrate Breakthrough RRAM Cell July 16th, 2015

Solar/Photovoltaic

Springer and Tsinghua University Press present the second Nano Research Award: Paul Alivisatos of the University of California Berkeley receives the honor for outstanding contributions in nanoscience July 30th, 2015

Reshaping the solar spectrum to turn light to electricity: UC Riverside researchers find a way to use the infrared region of the sun's spectrum to make solar cells more efficient July 27th, 2015

Rice University finding could lead to cheap, efficient metal-based solar cells: Plasmonics study suggests how to maximize production of 'hot electrons' July 22nd, 2015

Perovskite solar technology shows quick energy returns: New technology beats current solar panel technology in life-cycle energy assessment July 20th, 2015

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