Soitec launches its new solar energy module featuring 31.8% efficiency – the highest of any commercial module being mass produced today. The module is certified to both IEC and UL standards.
Soitec has launched its newest concentrated photovoltaic (CPV) module featuring a record power-generating efficiency of 31.8%. The XC-M500 module uses an optimized anti-reflective coating, and increases nominal peak power output over previous generations from 2,335 Wp to 2,450 Wp. The module, which is already being mass produced, has the highest efficiency of any commercial product available for multi-megawatt installations.
The module meets product safety, performance, and reliability requirements in both the US and European markets: it has been certified according to the International Electrotechnical Commission’s (IEC) and Underwriters Laboratories’ (UL) standards (IEC 62108, IEC 62688, UL 62108 and UL SU 8703).
“With this new product, Soitec is continuing to raise the bar for solar-power efficiency and, looking ahead, the potential for further improvement is significant,” said Gaetan Borgers, executive vice president of Soitec’s Solar Energy Division. “Based on our current work in solar-cell development, we are well positioned to achieve even higher module efficiencies in the near future. With our newest commercial modules and their higher efficiencies, we are delivering on our cost-competitiveness roadmap.”
Soitec’s new module also complies with the California Solar Initiative, so power-plant installations using it can qualify for performance-based incentives from the California Energy Commission (CEC). The module also has the CE mark – indicating its compliance with the relevant European Union directives, regulations and standards.
The modules are used in assembling Soitec CPV systems. Soitec’s tracker-based systems are designed to build high-capacity solar-power plants with low construction and maintenance costs. Soitec’s CPV systems can significantly improve the Levelized Cost of Electricity (LCoE) for mid-sized to very large solar-power plants.
CPV technology’s abilities to operate without cooling water, withstand hot ambient temperatures, and have minimal environmental impact make it perfectly suited for use in environmentally sensitive desert areas and near quarries and mines.
Soitec recently announced the signature of a performance-warranty insurance contract with Munich Re, which will ease financing of solar projects using the company’s CPV modules.