Manz AG's CIGS Solar Modules Break Efficiency Record, Outperforming Multicrystalline Cells
Manz AG, in collaboration with Shanghai Electric, has achieved a significant milestone in solar technology. The company's thin-film CIGS solar modules have surpassed the efficiency of current market-leading multicrystalline silicon solar cells. This breakthrough promises more powerful and cheaper solar panels in the future.
The new record efficiency of 22.6% was achieved by CIGS technology, which combines over four decades of German-funded research and development. This technology leads the market with a 1.3 percentage point advantage in lab cell efficiency compared to multicrystalline technology. Dieter Manz, CEO and founder of Manz AG, recognises this new record and highlights the advantages of CIGS (Copper Indium Gallium Selenide) technology.
Manz AG and Shanghai Electric will continue to drive the potential of CIGS technology together. Customers of Manz CIGS fab will soon be able to locally produce CIGS solar panels with the highest efficiency and lowest production costs. This advancement is expected to make thin-film CIGS solar panels more powerful and cheaper to produce than multicrystalline solar cells in the future.
The collaboration between Manz AG and Shanghai Electric has resulted in a significant leap in solar technology efficiency. With a record-breaking 22.6% efficiency, thin-film CIGS solar panels are poised to outperform multicrystalline solar cells in both power and cost-effectiveness. The future of solar energy production looks brighter with this innovative technology.
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