GEN-ERIC News

Innovalight creates nanoparticles of silicon that it uses to make ink “and we can end up with something that looks not very different from what a solar cell looks like today, except we got there substantially faster and cheaper, and we use less material,” he said. The goal is to achieve “double digit” efficiency, higher than current levels for other thin-film-based solar cells, although Burke wouldn’t reveal a specific number. The industry standard is 14 or 15 percent, although some companies talk about reaching 20 percent efficiency. Efficiency measures the percentage of absorbed light converted to electricity.