Amid a major expansion program, Global Solar Energy Inc. (GSE) claims to have achieved a breakthrough for solar cells based on copper indium gallium diselenide (CIGS) thin-film technology.
GSE (Tucson, Ariz.) said that its CIGS-based, thin-film cells have achieved an average of 10 percent efficiency "on a flexible, lightweight substrate over several production runs." Starting in 2007, the company's solar cells achieved an average efficiency of about 9 percent.
The privately-held company is also expanding its production base amid the ongoing growth in the solar-cell industry. It plans to announce a new plant in Tucson, which is slated for production in March. Last year, GSE announced a new plant in Berlin, Germany, which is scheduled for production in mid-2008.
In 2007, GSE capped off a record year in which the company manufactured and shipped 4 megawatts (MW) of photovoltaic products. Over time, the company hopes to have a total capacity of 65 MW.
Other thin-film, solar-cell suppliers, including First Solar Inc. and United Solar Ovonic, are also in the process of expanding their capacities. "The demand for [solar energy] is still pent up," said Tim Teich, vice president of sales and marketing at GSE, in an interview.
...Despite the excitement for thin-film products, the market is becoming overcrowded with a slew of startups with unproven technologies. In the CIGS segment alone, DayStar, HelioVolt, Iset, Miasole, Nanosolar, Solyndra and others have emerged....Still, the biggest issue in solar is cost. "Solar electricity prices are today, around 30 cents/kWh, which is 2-5 times average residential electricity tariffs," according to SolarBuzz, a consulting firm.
But prices continue to drop for the technology. "The prices for high power band solar modules has dropped from around $27/Wp in 1982 to around $4/Wp today," according to the firm.
"As of January 2008, there are currently 185 solar module prices below $4.75 per watt, or 11.7 percent of the total sample. This compares with 215 prices below $4.75 per watt in December," according to the firm.
"The lowest retail price for a multicrystalline solar module is $4.28 per watt from a U.S. retailer. The lowest retail price for a monocrystalline module is $4.35 per watt, also from a U.S. retailer," it said. "The lowest thin-film module price is at $3.66 per watt from a European retailer. As a general rule, it is typical to expect thin-film modules to be at a price discount to crystalline silicon"....MORE