Ascent Solar Technologies Sets New Record in Thin-Film Solar Cell Efficiency
US-based Ascent Solar Technologies (ASTI) has made a significant breakthrough in thin-film solar cell efficiency. The company, with 40 years of R&D and 15 years of manufacturing experience, has surpassed the 2012 standard efficiency rate of 10.8% for CIGS materials, reaching an impressive 15.2%.
ASTI's CEO, Paul Warley, expressed excitement about the recent process optimization achievements in CIGS technology. The company attributes this efficiency improvement to the optimization of Cadmium Sulfide (Cds) deposition and manufacturing processes. Notably, ASTI substituted Zinc Oxysulfide for Cds deposition, leading to a theoretical efficiency of 16% to 16.4 percent.
This recent efficiency improvement strengthens ASTI's competitiveness in the global thin-film solar cell market. The company's new efficiency rate surpasses the previous standard, demonstrating its commitment to innovation and excellence in the field.
ASTI's latest achievement is a testament to its extensive experience and dedication to thin-film solar technology. With this new efficiency, the company is well-positioned to expand internationally, as evidenced by its recent acquisition of the 15-MW thin-film cell manufacturing assets of Flisom AG in Switzerland. Despite the CEO's identity remaining unidentified in available search results, ASTI's progress speaks for itself, solidifying its status as a key player in the solar industry.
