PHOTO
05 May 2015
With a module efficiency of 16%, Manz AG presented an impressive new record efficiency grade for CIGS thin-film solar modules at SNEC in Shanghai, the world's leading trade fair for the photovoltaics (PV) industry. In doing so, Manz is pushing forward into a new dimension and closing the efficiency gap that has previously existed when compared to multi-crystalline technology that is still prevalent today.
Interestingly, as the German firm further translates lab efficiencies to mass production, PV module production costs continue to decline - in its report Renewable Power Generation Costs in 2014[1], the International Renewable Energy Agency (IRENA) noted a 75% drop since 2009.
This, therefore, better positions Manz's CIGS thin-film solar modules to cater to the UAE's ambitious solar objectives: the Dubai Electricity and Water Authority (DEWA) recently announced increased renewable energy targets of 7% by 2020 and 15% by 2030, asserting that energy generated by PV in 2016 will be enough to power more than 700,000 homes.
With a module efficiency of 16%, Manz AG presented an impressive new record efficiency grade for CIGS thin-film solar modules at SNEC in Shanghai, the world's leading trade fair for the photovoltaics (PV) industry. In doing so, Manz is pushing forward into a new dimension and closing the efficiency gap that has previously existed when compared to multi-crystalline technology that is still prevalent today.
Interestingly, as the German firm further translates lab efficiencies to mass production, PV module production costs continue to decline - in its report Renewable Power Generation Costs in 2014[1], the International Renewable Energy Agency (IRENA) noted a 75% drop since 2009.
This, therefore, better positions Manz's CIGS thin-film solar modules to cater to the UAE's ambitious solar objectives: the Dubai Electricity and Water Authority (DEWA) recently announced increased renewable energy targets of 7% by 2020 and 15% by 2030, asserting that energy generated by PV in 2016 will be enough to power more than 700,000 homes.
© Press Release 2015
