Cash bonanza for multi-junction solar cells

[jpak]

http://compoundsemiconductor.net/articles/news/11/3/10/1

As the two inventors of the multi-junction solar cell are honored with a $1 million international prize, development of the technology in the US receives a massive boost from the Department of Energy's Solar America Initiative.

The development of multi-junction solar cells based on compound semiconductors has received a major financial boost.

Three projects involving the technology have been selected for funding via the US Department of Energy's (DOE's) $168 million Solar America Initiative (SAI), which is aiming to make solar energy cost-competitive in the country by 2015.

Raymond Orbach, the US Undersecretary of Energy, will announce details about the funding for concentrator solar power systems that use triple-junction cells at chip manufacturer Spectrolab today.

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