According to McCullough, the collaboration will immediately result in lower levelized cost of electricity (LCOE).
In October 2012, Solar Junction surpassed its own world record, achieving 44 percent efficiency at a concentration of 942 suns.
Amonix secured the world record for a CPV module in May of 2012, by converting over one-third (33.5 percent) of the energy of direct sunlight into electricity. This record is internationally recognized as the gold standard for solar power efficiency.
Solar Junction’s new record continues to demonstrate the value of its A-SLAM materials, which uniquely provide CPV system manufacturers the foundation to deliver the most efficient conversion of solar to electrical energy.
CPV panels work by concentrating sunlight onto small multi-junction cells, which Solar Junction manufactures at its North San Jose facility.
Solar Junction is headquartered in San Jose, California. Investors include New Enterprise Associates, Draper Fisher Jurvetson, Advanced Technology Ventures, and IQE. For more information, please
Amonix designs and manufactures concentrator photovoltaic (CPV) solar power systems that require no water in power production, use land better, and produce more energy per acre than any other solar technology.