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Summary:

While thin-film solar investments are all the rage, we haven’t seen much funding recently for companies working on the more mature cadmium telluride (CdTe) technology. Newer and competing material copper indium gallium selenide (CIGS) is the focus of VC-heavy players Nanosolar, Miasole, Heliovolt, and others, while […]

While thin-film solar investments are all the rage, we haven’t seen much funding recently for companies working on the more mature cadmium telluride (CdTe) technology. Newer and competing material copper indium gallium selenide (CIGS) is the focus of VC-heavy players Nanosolar, Miasole, Heliovolt, and others, while First Solar (FSLR) is the dominant player in the CdTe market.

That’s why we were a little surprised to see General Electric Energy (GE) announce that they have reached an agreement to acquire a minority interest, for an undisclosed amount, in CdTe player PrimeStar Solar. Cadmium telluride does have some benefits. First Solar has already proven that CdTe can be manufactured on a large scale, while CIGS technology struggles to reach commercialization. CdTe also has the potential to reach high-efficiencies, and has a low large-scale manufacturing process. It’s also just a more mature technology, as you can see from this graph via GreenTechMedia:
thinfilmpvgraph1.jpg

PrimeStar, based in Golden, Colo., was formed in June 2006 and uses technology developed at the National Renewable Energy Laboratory (NREL). Thin film solar is cheaper than traditional solar technology because it uses little or no silicon — unlike its better-known cousin, crystalline silicon.

Under GE’s ecomagination, which was launched in May of 2005, GE plans to invest $1.5 billion annually in research in cleaner technologies by 2010, up from $700 million in 2004. This year, the company was awarded $18.6M available over a three-year period if GE meets certain goals as part of the Department of Energy’s Solar America Initiative to develop low-cost photovoltaic technology. PrimeStar Solar also landed $3 million in funding from the DOE. In June, GE announced that it would use DayStar Technologies (DSTI) CIGS thin film solar cells as part of the research program. Now it looks like GE is interested in exploring the potential of CdTe.

“I believe that we’re in a horserace and all of these materials have very serious potential,” PrimeStar Solar President Ken Zweibel told us. Zweibel spent 27 years at the NREL leading the organization’s Thin Film PV Partnership program, where he helped develop thin-film technologies including the highly efficient CdTe, which was ultimately licensed by PrimeStar Solar (for other researchers involved, see the comments). Their PV cells can reach efficiency levels of 16.5 percent, not bad compared with silicon-based solar, which clocks in with efficiency of around 20 to 25 percent.

The biggest issue with CdTe we’ve seen is its potential safety hazards, as unmodified cadmium telluride quantum dots have proven toxic and cancerous. Both First Solar and PrimeStar solar realize this is a major issue, and have taken significant steps to ensure safe recycling of the materials. Zweibel said that like First Solar, PrimeStar will employ a take-back approach to earning revenue, which will require the company to put profits in an annuity until the modules are returned to a recycler.

Still, it’s obvious these guys get asked about safety a lot. The company’s FAQ page has but one question: “How does PrimeStar Solar plan to use cadmium safely?”

  1. Thanks, Adena, for a very good story. I’ve talked to a lot of journalists, and most are nowhere near as fair and thorough.

    One thing you might have gotten the wrong impression from me was about the record cell developed at NREL. Its development was led by others – especially researchers X.Wu, D. Albin, T. Gessert, P. Sheldon, and R. Dhere – and more. And many of these same researchers continue to be a big help to PrimeStar Solar through our cooperative research agreement with NREL.

    Again, thanks, and all the best.

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  2. Ken — Thanks for the comment. I updated the story.

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  3. [...] unknown wrote an interesting post today onHere’s a quick excerptUnder GE’s ecomagination, which was launched in May of 2005, GE plans to invest $1.5 billion annually in research in cleaner technologies by 2010, up from $700 million in 2004. This year, the company was awarded $18.6M available over a … [...]

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  4. [...] Likey Thin Film: We brought you the news that GE has reached an agreement to acquire a minority interest in thin film player PrimeStar Solar. Ecomagination in effect! Digg Stumble [...]

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  5. [...] (CdTe) photovoltaic modules. Thin-film technology has many speculators hopeful, and Q-Cells follows GE (GE) in investing in CdTe technology. There are associated health and safety risks in working with cadmium, but CdTe has the [...]

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  6. Pudjiono Iwansantoso Friday, February 29, 2008

    Attn. Mr Ken Zweibel, President of PrimeStar Solar.
    Dear Mr Zweibel,
    Inspired by your article in Sci Am January 2008, “A Grand Plan for Solar Energy”, I would like to know more how this plan has further progressed in the mean time. My interest is 2-fold:
    1. to have the privilage to obtain more info from you and to enabvle me to write an article about the exciting Grand Plan, in some local papers.
    2. also, to be granted the authority to promote and sell Solar PV systems (based on CdTe cells/modules) in my country, produced by PrimeStar Solar.
    PT Centronix, which I am the president of, is basically a system integrator in the sector of Radio Telecommunication. In this sector I came accross with Solar PV modules, to energise radio repeaters located on top of hills. PT Centronix , about 20 years ago or more has bought the licence from Solarex USA (now BP Solar), unfortunately too early for Indonesia. We assembled by manually stringing imported cells and vacuum laminating into modules. That is all history now.
    I see a huge opportunity to promote and sell systems in my country, such as described in your article. My country at present is having a huge shortage of energy generation and I am ambitious to promote renewable energy.
    I sincerely hope and expect, that you would be so kind as to give response to my message, hopefully an encouraging response that I can follow through in my country.
    Thank you for your kind attention.
    Best regards,
    P. Iwansantoso (just call me Iwan)
    February 29th, 2008

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  7. [...] No Comments Posted June 12th, 2008 at 8:50 am in Energy We were a bit surprised when last September GE announced it was acquiring a minority interest, in a company making thin film solar called PrimeStar Solar. [...]

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  8. Can anybody give me advice on laminating my floors quickly? I liked the article on laminating . it was informative

    thanks
    steve

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  9. TIM KREISCHER Saturday, June 28, 2008

    POWER OUTPUT OF
    COST
    DURABLLITY
    APP. OF CELLS
    SYSTEMS COST ???

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