Quadra Solar Corporation this weel announced that it reached 32.2% PV module efficiency for its iPyramid™ Concentrated Photovoltaic and Thermal (CPVT) system. The combined PV and Thermal efficiencies are over 62%. With additional planned improvements, Quadra Solar expects to raise its PV module efficiency to over 35%, in additional to a matching amount for the [...]

The Solar PV industry has been striving for years to raise the efficiency of individual cell, modules and overall system balance of plant but the average module on the market still is only about 15% to 20% efficient ,at best. Solar Thermal energy technology typically is capable of efficiencies of between 70% to 90%. A [...]
After experiencing its best year in 2008, the world solar panel market — comprised of the photovoltaic, solar thermal and concentrated solar power market sectors — suffered through a tumultuous 2009, but is poised to rebound in the coming years and ultimately eclipse the $83 billion market in 2014, according to U.S. Solar Energy Market [...]
Solar electricity could represent up to 20% to 25% of global electricity production by 2050. This important finding emerges from two new analyses by the International Energy Agency (IEA): the solar Photovoltaic (PV) and Concentrating Solar Power (CSP) roadmaps, launched today in Valencia/Spain, during the Mediterranean Solar Plan Conference hosted by the Spanish presidency of [...]
The U.S. Department of Energy’s (DOE) National Renewable Energy Laboratory (NREL) has released its annual assessment of leading utility green power programs. Under these voluntary programs, consumers can choose to help support additional electricity production from renewable resources such as solar PV, Solar Thermal and wind.