General Electric Co. (GE) is certainly making its mark in the world of renewable energy. Now, the company has achieved yet another milestone, this time in the thin film solar panel market. GE announced today that it has achieved the highest publicly reported efficiency for a full-size thin film solar panel. With the announcement, GE has stated plans to build the largest solar panel manufacturing plant in the U.S.
The company has proven 13 percent efficiency—sunlight converted to electricity—in its new full-size thin film solar panels. GE says that every one percent increase in solar panel efficiency translates into a 10 percent cost reduction in the overall system. The company already has 100 MW of new orders for its thin film solar panels.
Source:
Energy Digital
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