Now, researchers have achieved a new milestone that could finally make CdTe solar cells efficient enough to compete with silicon. The project was a collaboration between the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL), Washington State University, and the University of Tennessee, funded by the Energy Department’s SunShot Initiative. By using a new process to grow crystals of the material, they were able to improve the maximum voltage for a CdTe solar cell, called open-circuit voltage. For the past six decades, nobody had been able to achieve more than 900 millivolts out of the material, but now researchers have crossed the 1-volt threshold with CdTe for the first time.
The researchers published their findings in Nature Energy. They wrote:
CdTe solar cells have the potential to undercut the costs of electricity generated by other technologies, if the open-circuit voltage can be increased beyond 1 V without significant decreases in current.