Shinsung E&G has announced the achievement of 21.7% solar cell efficiency for mass production.
The company requested the efficiency verification to SERIS (Solar Energy Research Institute of Singapore) located in Singapore to officially measure the initial production's efficiency. The results from the test for two weeks verified that the maximum efficiency reached to 21.71%.
The most important thing from the result is that this test was performed with the cells produced during the initial mass production period. It is expected that the efficiency will be able to be increased by stabilizing production lines and developing additional technology in the future.
The efficiency is the world class level of mono-crystalline PERC solar cells manufactured from mass production lines. Also, the advantage of the core technologies used in manufacturing solar cells is to reduce production costs, compared to other manufacturers; therefore the company expects the competitiveness in terms of marginal benefits.
Shinsung E&G expects to produce 370W module with 72 cells and this product will produce 25W more than conventional modules in the market.
In case of construction of 1MW solar power plant, 2,899pcs modules were needed but when applying high-powered solar modules, only 2,703pcs are needed. This also applies to rooftop as well as commercial where spaces are limited.
In the recent solar market, there is a trend toward developing high-efficiency products to reduce production costs. Shinsung E&G’s high-efficiency solar cell is the product that matches with the trend. As a result, the company expects more demands from the existing customers as well as new ones.
Dong-Seop Kim, Senior Executive Vice President and CTO of Shinsung E&G, said, "We are happy to achieve the high efficiency of the first mass production of PERC solar cells, but I think this is only the beginning. Shinsung E&G has become a leading provider with the world class efficiency achieved by continuous research and development. Furthermore, we plan to increase the efficiency of mass production by developing its own technologies and securing its original technology and will apply for a patent for the Shinsung E&G’s next generation PERC technology.”
