David Kirkpatrick

March 24, 2010

GE getting into thin-film solar field

This can only mean advances in production and manufacturing coupled with a likely cost reduction. A win for the field since GE is going to bring to bear its corporate might on process improvements.

From the link:

GE has confirmed long-standing speculation that it plans to make thin-film solar panels that use a cadmium- and tellurium-based semiconductor to capture light and convert it into electricity. The GE move could put pressure on the only major cadmium-telluride solar-panel maker, Tempe, AZ-based First Solar, which could drive down prices for solar panels.

Last year, GE seemed to be getting out of the solar industry as it sold off crystalline-silicon solar-panel factories it had acquired in 2004. The company found that the market for such solar panels–which account for most of the solar panels sold worldwide–was too competitive for a relative newcomer, says Danielle Merfeld, GE’s solar technology platform leader.

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