Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > Major Solar Breakthroughs in Germany Ahead of PVSEC

Abstract:
Germany's photovoltaic industry is marked by yet another milestone ahead of this year's European Photovoltaic Solar Energy Conference & Exhibition (EU PVSEC), taking place from September 21 - 25 in Hamburg. Last week California-based Nanosolar opened its fully-automated thin film panel factory in Luckenwalde near Berlin. This new factory sets several new benchmarks for the industry.

Major Solar Breakthroughs in Germany Ahead of PVSEC

BERLIN and HAMBURG, Germany | Posted on September 18th, 2009

Germany is the longstanding global leader in photovoltaics. There are more than 500,000 solar electricity systems in Germany that have an output of 5.3 GWp of cumulated power, of which 1.5 GWp comes from systems installed in 2008. Germany's market accounts for 37 percent of the entire global industry. The PV industry in Germany posted over EUR 7 billion in revenues in 2008 and expects 15-20 percent market growth until 2013.

The opening of the Nanosolar plant has the potential to shift the industry in a number of ways. First, the fully-automated plant is an affirmation of German efficiency in production. When operating on a 24/7 basis, it will have an annual module producing capacity of 640 MW. This is equivalent to one panel every 10 seconds.

The thin film cells also set a new efficiency record for this type of cell, reaching a median efficiency rating of 11 percent and a maximum electricity conversion of 16.4 percent.

On the technical side, Nanosolar uses aluminum rather than a glass substrate, which lowers costs and increases application possibilities due to the lighter weight of the cells. This change combined with the nanoparticle ink printing technique used to produce the cells mark a leap forward for Germany and the entire photovoltaic industry.

The opening of this state-of-the-art Berlin plant could have a strong impact on the price of thin film cells, meaning that the industry could reach grid parity sooner than expected.

Nanosolar's new plant also demonstrates how new developments in research can be implemented rapidly. Public and private players invested over EUR 190 million in solar R&D in 2008 to support further breakthroughs in photovoltaics. With over 57,000 employers in the industry in 2008, Germany is host to a wealth of qualified workers for new investors in the solar industry. Germany Trade & Invest provided comprehensive support for Nanosolar with its decision to invest in Germany.

This year's EU PVSEC returns to the world's photovoltaics leader (after being held in Valencia in 2008, Milan in 2007, and Dresden in 2006). Hamburg is a fitting choice, as it was named the European Green Capital for 2011, only the second city to receive this honor, due to its leading role in renewable energies. The solar industry is well represented here: Conergy AG, Centrosolar AG, CIS Solartechnik GmbH, BP Solar, Colexon AG, and SunEnergy are all based in Hamburg.

Representatives from Germany Trade & Invest will be on hand at stand B4G/29 at this year's EU PVSEC to present the opportunities available in Germany's photovoltaic industry including the latest developments in R&D and production.

####

About Germany Trade and Invest
Germany Trade & Invest is the foreign trade and inward investment promotion agency of the Federal Republic of Germany. The organization advises foreign companies looking to expand their business activities in the German market. It provides information on foreign trade to German companies that seek to enter foreign markets.

For more information, please click here

Contacts:
Eva Henkel
Email:
Phone: +49(0)30-200099-173
Fax: +49(0)30-200099-111

Copyright © PR Newswire Association LLC.

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

Princeton-UPenn research team finds physics treasure hidden in a wallpaper pattern July 21st, 2018

World's fastest man-made spinning object could help study quantum mechanics July 20th, 2018

Relax, just break it July 20th, 2018

Future electronic components to be printed like newspapers July 20th, 2018

Thin films

New optical sensor can determine if molecules are left or right 'handed' June 13th, 2018

Organic solar cells reach record efficiency, benchmark for commercialization April 23rd, 2018

High efficiency solar power conversion allowed by a novel composite material: A composite thin film developed at INRS improves significantly solar cells' power conversion efficiency April 10th, 2018

Researchers develop nanoparticle films for high-density data storage: April 3rd, 2018

Govt.-Legislation/Regulation/Funding/Policy

Princeton-UPenn research team finds physics treasure hidden in a wallpaper pattern July 21st, 2018

World's fastest man-made spinning object could help study quantum mechanics July 20th, 2018

Relax, just break it July 20th, 2018

Future electronic components to be printed like newspapers July 20th, 2018

Announcements

Princeton-UPenn research team finds physics treasure hidden in a wallpaper pattern July 21st, 2018

World's fastest man-made spinning object could help study quantum mechanics July 20th, 2018

Relax, just break it July 20th, 2018

Future electronic components to be printed like newspapers July 20th, 2018

Energy

NIST Researchers Simulate Simple Logic for Nanofluidic Computing June 30th, 2018

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

Physicists devise method to reveal how light affects materials: The new method adds to the understanding of the fundamental laws governing the interaction of electrons and light June 15th, 2018

Tripling the Energy Storage of Lithium-Ion Batteries: Scientists have synthesized a new cathode material from iron fluoride that surpasses the capacity limits of traditional lithium-ion batteries June 14th, 2018

Events/Classes

Nanometrics to Announce Second Quarter Financial Results on July 31, 2018 July 12th, 2018

SUNY Poly-Led AIM Photonics and Partners Attend SEMICON West 2018 to Showcase High-Tech Advances, Collaboration, and Future R&D Opportunities: New York’s Tech Valley Makes a Major Showing in Silicon Valley July 3rd, 2018

Arrowhead Presents New Clinical Data on ARO-AAT at Alpha-1 National Education Conference July 1st, 2018

Nanometrics to Participate in the 10th Annual CEO Investor Summit 2018: Accredited investor and publishing research analyst event held concurrently with SEMICON West and Intersolar 2018 in San Francisco June 28th, 2018

Solar/Photovoltaic

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

Hematene joins parade of new 2D materials: Rice University-led team extracts 3-atom-thick sheets from common iron oxide May 8th, 2018

Harvesting clean hydrogen fuel through artificial photosynthesis May 3rd, 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