Canadian Solar said its new ELPS solar cell technology can achieve up to 19.5% conversion efficiency for its monocrystalline cells and up to 18% for polycrystalline. During the fourth quarter, the high-efficiency cells are expected to be in production and modules incorporating them to ship, according to the company.
“With the new ELPS cell technology, we again managed to significantly lower the production cost per watt while at the same time increasing the energy efficiency,” stated Shawn Qu, chairman/CEO. “In addition, the new solar cells easily integrate with our existing production lines.”
The company plans to rapidly expand its production capacity along the vertical value chain, having recently announced its intent to build and operate joint-venture wafering and cellmaking plants in China.
(The vertically integrated solar manufacturer will be displaying the ELPS cells, CS6P modules incorporating the cells, and other products at Intersolar Europe, Booth A1.280.)