Germany's Manz set another world record for thin-film solar cell efficiency

Germany's Manz Group, a world-renowned solar giant and a large supplier to Apple, announced that its exclusive research partner in CIGS thin-film solar cell process technology, the German Solar and Hydrogen Energy Research Center, achieved a CIGS thin-film solar cell conversion efficiency of 22.
6%, once again breaking the world record
for CIGS thin-film solar cell efficiency.

Manz Group is the world's only supplier
of complete production lines for CIGS thin-film solar modules.
On February 28, 2016, Shanghai Electric (601727.
SH) announced that the company will acquire a stake in Manz to strategically acquire the German giant
.

For the layman, this somewhat abstract and unfelt figure, professionals in the solar cell industry commented that this is not only the highest efficiency of thin-film solar technology, but also surpasses the highest efficiency of today's market-leading polycrystalline silicon solar technology, challenging the status of
mainstream polycrystalline silicon solar energy.

Dieter Manz, CEO and founder of Manz Group, pointed out that this innovative world record is the result
of an exclusive and efficient collaboration between ZSW and the Manz Group.
With a conversion efficiency of 22.
6%, ZSW set a new record
of 21.
7%.
It is a well-known fact in the photovoltaic industry that every 0.
1 percentage point increase is difficult to climb.

This result proves that CIGS is currently the most promising thin-film solar cell technology
with the potential to further significantly improve efficiency.

In the intuitive comparison with polysilicon solar technology, the highest efficiency of CIGS in the laboratory greatly exceeds the efficiency of polysilicon by 1.
3%, and the charm of CIGS technology is obviously better
.
This means that in the future, CIGS thin-film solar module technology will not only surpass polycrystalline silicon solar cells, but also greatly reduce costs and improve efficiency
.
The production cost of CIGS thin-film solar technology in the Manz thin-film solar cell "turnkey factory" is up to 50%
lower than that of the current mainstream polycrystalline silicon solar technology.

Dieter Manz said that CIGS technology is expected to become an important key technology
when the next wave of solar investment comes.

It is reported that CIGS thin-film solar cell technology is now the best solar technology in all aspects, integrating the best advantages
of Germany's development for more than 40 years.

Headquartered in Reutlingen, Germany, Manz was listed
on the Frankfurt Stock Exchange in 2006.