TÜV Rheinland has endorsed the 12.6% efficiency of Sulfurcell’s second generation 94W thin-film PV module. Sulfurcell will start shipping its new CIGS module to customers in Q3.
“We are delighted Sulfurcell has achieved such momentum over the last year, with major supply agreements, financing, and now validation of our 12.6%-efficiency CIGS modules,” said Sulfurcell’s CEO, Dr. Nikolaus Meyer. “With our high-efficiency modules hitting the market in a matter of months, we imagine 2011 will be another year of continued success for Sulfurcell.”
The TÜV backing comes just a month after Sulfurcell announced it would be receiving €18.8 million in equity financing from existing investors. These funds will go towards the acquisition of additional CIGS equipment and ongoing R&D work to help the company achieve 14% efficiency within the next 12 to 18 months.