ABSTRACT

Solar cells have great potential as an alternative energy source because of the enormous amount of available energy and its distributed nature that may enable a distributed power generation grid [1]. However, for solar energy to be cost-effective on a utility scale, the price of purchase, installation, operation and maintenance over the lifetime of a solar panel per kWh generated must compare favorably to current power generation technology, which for fossil-fuel based generation is 0.03-0.05$/kWh [2]. Improvements are being made to solar cells to 1) increase the efficiency, and 2) lower the price. For instance, solar concentrators are being developed that focus solar light reflecting off a large mirror on a solar cell with a smaller surface area. Multi-junction devices are being developed that use junctions between materials with different band gaps to capture a greater number of photons and limit loss of excess photon energy when the excited high-energy electron relaxes to the Fermi level.