Three Layered Solar Panel by RSLE Claims Ultra-Efficiency
Despite all the enthusiasm for solar panel technology, up until now a solar panel has only been able to use 15%-20% of the sun’s rays. A division of Phoenix startup RoseStreet Labs has produced a game-changing advancement with their new three layered thin film solar panel that may be able to capture up to 35%.
The new product from RoseStreet Labs Energy(RSLE) combines a three layered package of photovoltaic cells into each panel, with each layer attracting a different part of the sun’s spectrum to increase efficiency to 25-35%. Using the tag line “full spectrum voltaics” to describe the new three layered IBand (Intermediate Band) technology, the technology merges a photovoltaic cell with a silicon solar cell using a Nitride Thin Film.
Describing it as a hybrid device that makes use of Nitride material technology used in blue lasers and solid state lighting, the company expects the three layered solar panel to achieve much higher efficiencies than standard products currently on the market. The technology has the potential to quickly acquire 1% of an estimated $34B high performance global photovoltaic solar panel market. RSLE is planning to commercialize production of this three layered PV technology in the last quarter of 2010.