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23.64% Efficiency – Scientists Set New World Record for CIGS Solar Cells

Uppsala University has set a new world record in the generation of electrical energy from CIGS solar cells, achieving an efficiency rate of 23.64%. This achievement was verified by an independent institute and the findings have been published in the esteemed journal, Nature Energy. The record res ....

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First Solar makes perovskite move with $80M Evolar deal

Major solar panel manufacturer wants Swedish startup to help accelerate development of high-efficiency tandem cells. ....

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Magnora increases solar cell tech firm stake

Renewable energy development company Magnora is increasing its stake in Swedish solar cell technology company Evolar.
Magnora has a 28.44% stake in the company but has now decided to call the first of three options to increase its shareholding in the company to 40.7%.
When (and if) all options have been exercised, Magnora will own 63.5% of Evolar AB.
Magnora executive chairman Torstein Sanness said: Magnora is pleased to increase its shareholding in Evolar, and we believe the investment can deliver attractive returns to our shareholders and make a positive impact on society.
Evolar has a unique Perovskite deposition technology which will allow solar cell, module, and glass manufacturers to install a turn-key solution to increase cell efficiency significantly with a limited cost increase. ....

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