
Most of the time, doing something 28% efficiently is nothing to be proud of. But in photovoltaics, it is good enough to set a new world efficiency record—and earn the company that made the record-setting devices millions of dollars in venture capital.
In this case, the lucky company is Alta Devices, which until recently held a low profile in the crowded solar industry. For the last few years, Alta has been quietly developing a novel process for cheaply manufacturing ultra-efficient solar cells. Their hard work appears to be paying off, because last month the company reported that they can make cells that are 28.2% efficient at converting solar energy into electricity. This beats the previous record by more than one percent, a wide margin by the solar industry’s standards.
Alta’s solar cells are made of a semiconducting material called gallium arsenide. Because this is a relatively expensive material, most solar companies use cheaper, less efficient alternatives such as silicon. But Alta came up with a transfer process that allows them to lay gallium arsenide layers that are only one micron thick (about 100 times thinner than a sheet of paper) on each cell. The thin layers don’t use up much material so they don’t cost very much, but they still generate as much electricity as a thicker layer would. The company’s goal is to generate electricity at a cost of under 50 cents per watt, which is about twice as cost-effective as the current state-of-the-art.
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