US solar cell manufacturer First Solar announced on the 15th that the company set a world record for the conversion efficiency of CdTe PV modules and an advanced full-size component achieved a photoelectric conversion efficiency of 18.6%. Affected by this positive effect, the day the stock closed up 5.93% to 53.48 US dollars. During the first quarter of this year, the best solar modules were maintained at an average conversion efficiency of 16.3%. Bloomberg analysts point out that the first solar-developed cadmium telluride thin film technology is cheaper than making generic, less efficient polysilicon solar panels. The new world record shows that the first solar panels now convert more solar energy than normal polysilicon. Industry insiders said the combination of efficiency and real performance enabled First Solar's technology to deliver higher energy densities than polysilicon solar panels. With the same mounting component capacity and equal coverage, cadmium telluride thin film technology can provide up to 8% more usable energy than polysilicon. Raffi Garabedian, CTO of First Solar, said that the first solar-energy cadmium telluride thin-film technology has been optimized into a high-performance product. Once a low-cost, but inefficient conversion technique, the cadmium telluride thin film technology now available combines the advantages of industry-leading performance and a sustainable cost structure. Garabedian also emphasized that First Solar will also continue investing in the development of cadmium telluride technology to enable it to continue to improve its battery and module performance and better commercialize it. Silicone Oils,Linear Polysiloxane Compounds,Silicone Oil For Treadmill,Silicone Oil For Lubricant Henan Minmetals East New Materials CO. LTD. , https://www.silicon-materials.com