"The breakthrough enables any polycrystalline solar cell plant, to automatically increase its output by 1%," noted Dr. Robert Castellano, CEO of SolarPA. "We have achieved this 1% efficiency increase on both polycrystalline cells from several manufacturers and most recently monocrystalline cells from a U.S. manufacturer,."
NanoCoat application is completely non-disruptive to the production line, and coated after a cell is made.
"Our technology is instrumental to U.S. and European solar cell manufacturers to compete against low-cost products coming out of China," added Dr. Castellano. "With the Chinese renowned for low-cost manufacturing, can the non-Chinese solar manufacturers compete against the likes of Suntech Power (STP),Yingli Green Energy, Trina Solar, Solarfun, and Canadian Solar?
This year we expect that more than 21 GWatts of solar cells will be installed, up from 20 GWatts in 2011. Moreover, the Chinese solar cell manufacturers produce more than 50% of the worldwide cells and export more than 90%. Five of the top 10 solar panel makers in the world are from China.
There is a constant struggle by solar manufacturers to keep production costs down and increase solar cell efficiency. Financial challenges are forcing solar photovoltaic (PV) companies to shift focus from seeking market share to instead prioritizing a return to profitability, according to NPD Solarbuzz’.
Details about SolarPA can be found at www.solarpa-