Solar3D’s 3-dimensional solar cells impact more than $6.2 billion a year

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Solar3D’s 3-dimensional solar cells impact more than $6.2 billion a year

Greentech Lead America: Solar3D, a developer of a
breakthrough 3-dimensional solar cell technology to maximize the conversion of
sunlight into electricity, announced that its 3-dimensional solar cells could
have delivered more than $6.2 billion of electricity in the world last year.

“Innovation can make an enormous difference in
the real world. For example, had our 3-dimensional solar cell been substituted
across the installed photovoltaic base of 67,400 megawatts in the world, we
could have generated more than $6.2 billion of additional electricity. This is
the effect of increased conversion efficiency and wide-angle sunlight
collection,” said Jim Nelson, CEO of Solar3D.

The company’s analysis estimates that with an innovative
wide-angle light collection feature, its Solar3D cell can maintain a high 25
percent efficiency for a longer period of time, over the course of a day and
year. This translates into 200 percent more power than conventional solar cells
and a system payback period that is approximately half the time of the current
solar technologies.

“Our goal is to lower the Total Cost of Ownership
(TCO) of a solar power system by allowing it to capture more sunlight and
produce more electricity, which will speed the adoption of solar energy,”
added Nelson.

Solar3D to tie up with Redwood Renewables to integrate solar
cell into roof tiles

Recently, Solar3D announced that it will collaborate with
Redwood Renewables, a solar roofing company, to explore the economics and
benefits of integrated Solar3D cells directly into roof tiles. The association
will provide a first look at how the Solar3D silicon-based technology will
perform in Building Integrated Photovoltaic (BIPV) applications.

editor@greentechlead.com

 

 

 

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