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Manz CIGS modules reach record efficiency to secure Saudi solar target

Manz CIGS modules reach record efficiency to secure Saudi solar target
Updated 08 May 2015

Manz CIGS modules reach record efficiency to secure Saudi solar target

Manz CIGS modules reach record efficiency to secure Saudi solar target

With a module efficiency of 16 percent, Manz AG presented a new record efficiency grade for CIGS thin-film solar modules at SNEC in Shanghai, described as the world's leading trade fair for the photovoltaics (PV) industry.
Manz is thus pushing forward into a new dimension and closing the efficiency gap that has previously existed when compared to multi-crystalline technology that is still prevalent today.
Interestingly, as the German firm further translates lab efficiencies to mass production, PV module production costs continue to decline — in its report Renewable Power Generation Costs in 2014, the International Renewable Energy Agency (IRENA) noted a 75 percent drop since 2009. This, therefore, better positions Manz’s CIGS thin-film solar modules to cater to Ƶ’s solar power expansion plans.
In the fall of 2014, the Center for Solar Energy and Hydrogen Research of Baden-Wurttemberg (ZSW), Manz's exclusive development partner, was able to demonstrate the superiority of CIGS technology in comparison to crystalline solar cells in the laboratory, with a world-record efficiency of 21.7 percent in cell format. Manz is now transferring this superiority to production.
Dieter Manz, founder and CEO of Manz AG, says: "Our performance parameters are world-class. With significantly lower production costs compared to crystalline solar cells, CIGS technology will play a large role in the coming investment cycle of the photovoltaics industry.”
Mohamed Alammawi, Manz’s VP sales for the MENA region, said: “As Ƶ’s solar plans begin to take shape and its government gears to significantly boost the region’s solar power market, we are pleased to bring our increased efficiency grade, coupled with our low production costs, to the table. Following this efficiency upgrade, CIGS thin-film modules, which were already highly suited to the region’s weather conditions, are now in an even stronger position to help achieve the Kingdom’s solar objectives.”