the development of cadmium telluride (CdTe) technologies by lowering the cost and increasing the efficiency of the thin-film solar cells.
CdTe is the second most common photovoltaic technology in the world, after silicon. The thin-film technology has achieved a record 22.1% cell efficiency in converting sunlight into electricity and can be manufactured at costs that are competitive with silicon solar panels. Commercially produced CdTe panels also have the lowest carbon and water footprints and the fastest energy payback times of panels available today.
The CdTe Accelerator Consortium will work to enable cell efficiencies above 24% by 2025 and above 26% by 2030, while steadily reducing the per-watt cost of manufacturing. The 22.1% record efficiency was achieved by First Solar in 2016. First Solar reported an average commercial module efficiency of approximately 18% at the end of 2020.
“CTAC will work to enhance U.S. technology leadership and competitiveness in CdTe PV and bring together leading organizations to impact the entire domestic CdTe supply chain,” said Nancy Haegel, director of the National Renewable Energy Laboratory’s Materials Science Center. “Research, manufacturing, and deployment of CdTe PV technology is a U.S. success story. CTAC investment and innovation will encourage future growth.
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