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

Halas wins American Chemical Society Award in Colloid Chemistry: Rice University nanophotonics pioneer honored for colloid research September 18th, 2018

Leti & EFI Aim to Dramatically Improve Reliability & Speed of Low-Cost Electronic Devices for Autos: Project Will Extend Model Predictive Control Technique to Microcontrollers, Digital Signal Processors and Other Devices that Lack Powerful Computation Capabilities September 18th, 2018

Researchers managed to prevent the disappearing of quantum information September 14th, 2018

Tiny camera lens may help link quantum computers to network September 14th, 2018

Energy

S, N co-doped carbon nanotube-encapsulated CoS2@Co: Efficient and stable catalysts for water splitting September 10th, 2018

September 5th, 2018

Rice U. lab probes molecular limit of plasmonics: Optical effect detailed in organic molecules with fewer than 50 atoms September 5th, 2018

Producing hydrogen from splitting water without splitting hairs: New model explains interactions between small copper clusters used as low-cost catalysts in the production of hydrogen by breaking down water molecules August 31st, 2018

Alliances/Trade associations/Partnerships/Distributorships

Leti & EFI Aim to Dramatically Improve Reliability & Speed of Low-Cost Electronic Devices for Autos: Project Will Extend Model Predictive Control Technique to Microcontrollers, Digital Signal Processors and Other Devices that Lack Powerful Computation Capabilities September 18th, 2018

Silvaco, Purdue team up to bring scalable atomistic TCAD solutions for next generation semiconductor devices and materials August 24th, 2018

Leti & CMP Announce World’s First Multi-Project-Wafer Service with Integrated Silicon OxRAM: Oxide-Based Resistive Ram Memory Platform Development for Backend Memories To Offer Non-Volatility Associated with Embedded Designs August 2nd, 2018

Leti and Oscaro Partner on Leti’s New Low-Power, Low-Cost Transceiver to Track Parcels July 12th, 2018

Solar/Photovoltaic

September 5th, 2018

NUST MISIS scientists present metamaterial for solar cells and nanooptics July 23rd, 2018

Northwestern researchers achieve unprecedented control of polymer grids: Materials could find applications in water purification, solar energy storage, body armor June 22nd, 2018

Team achieves two-electron chemical reactions using light energy, gold May 15th, 2018

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



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project