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Home > News > Thin Film Solar Panels Take A Giant Leap Toward Affordable Renewable Energy

April 2nd, 2010

Thin Film Solar Panels Take A Giant Leap Toward Affordable Renewable Energy

Abstract:
Over the past decade continual breakthroughs have made the manufacture of thin-film solar panels less expensive while improving their efficiency in producing electricity. Some are even capable of rivaling the power produced by their heavy silicone counterparts. Abound Solar, a Colorado based company, has claimed they can produce thin-film photovoltaics at $1 per watt. That makes it cost-competitive with fossil fuels. By comparison, crystalline silicone panels cost roughly $4 per watt to make.

Traditional crystalline silicone photovoltaic panels (the ones on most homes) are more costly, partly because the silicone used in making them can comprise 40% to 50% of the total cost of the panel. Still, these silicone panels are the most efficient panels and can convert up to 20.3% of the sun's rays. Some thin-film photovoltaics are now reaching that level.

Source:
coolerplanet.com

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