GE Solar Panels With 14% Efficiency May Surpass First Solar
This article is for subscribers only.
General Electric Co., the world’s biggest maker of power-generating equipment, said it will produce thin-film solar panels that convert at least 14 percent of the energy in sunlight into electricity and may surpass products offered by First Solar Inc.
When a new plant in Colorado reaches full capacity of 400 megawatts a year, efficiency will be above 14 percent, Danielle Merfeld, the Fairfield, Connecticut-based company’s solar product line leader, said today in an interview. Production will begin next year and initial shipments are expected in 2013. She didn’t say when the facility will reach full capacity or how much the panels will cost.