Qcells says technology breakthrough could reduce space needed for solar panels
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 18 2024
0mins
Source: Reuters
Breakthrough in Solar Technology: Qcells has achieved a world record efficiency of 28.6% for large-area silicon solar cells using perovskite materials, which could significantly reduce the space and costs associated with solar power installations.
Industry Competition and Future Testing: The advancement positions Qcells competitively against other manufacturers like China's Longi and Britain's Oxford PV, but the new technology still requires extensive field testing to confirm its reliability before widespread adoption.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.








