Recently, the Eindhoven University of Technology in the Netherlands and the Fraunhofer Institute broke the world record in efficiency for solar cells. The new technology is being presented today at the solar energy conference in San Diego.
The new technology spells huge potential for a variety of reasons. First of all, the technology is ultra-thin. Therefore it is versatile and practical for energy production. Second, the efficiency of the new technology is relatively inexpensive, making the solar cells a desirable option for everyday use. Third of all, and certainly not least, developing countries can benefit from the solar cells because of their easy construction.
The collaboration between two European nation's institutions is inspiring, and demonstrates the primary reason that Europe is making the advances in renewable energy. For decades now, the Europe's place in the renewable energy world has been defined by cooperative effort.
In addition, the major advances in renewable energy technology made by European nations hold implications for developing nations. Quite literally, Europe is the global leader in the field.
Information obtained from Science Daily
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