February 25, 2013

PV Magazine

Silicon Valley-based Solar Junction signs agreement with Amonix

Silicon Valley-based solar energy company Solar Junction, a developer of high efficiency multi-junction solar energy cells for the concentrated photovoltaic (CPV) market, has signed a co-development agreement with Amonix, a leading designer and manufacturer of utility-scale CPV solar power systems.

"This agreement solidifies a new partnership between two advanced technology leaders in CPV," said Pat McCullough, Chief Executive Officer at Amonix.

"It's our goal, by combining our world record module technology with Solar Junction's world record solar cell, that we can increase efficiencies while driving CPV costs down. The results of this collaboration, and its lower levelized cost of electricity (LCOE), will be revealed soon."

In October 2012, Solar Junction surpassed its own world record, achieving 44% efficiency at a concentration of 942 suns.

Read more: http://www.pv-magazine.com/services/press-releases/details/beitrag/silicon-valley-based-solar-junction-signs-agreement-with-amonix_100010327/#ixzz2Lw2XaVvA