(Nanosolar: San Jose, CA) -- Thin-film solar innovation leader Nanosolar Inc. today announced new efficiency benchmarks of 11.6 percent for the Nanosolar Utility Panel and 13.9 percent for its printed CIGS (Copper, Indium, Gallium, Selenium) solar cells, as measured by the Fraunhofer Institute for Solar Energy (ISE) and the National Renewable Energy Laboratory (NREL). The company also announced an agreement for panel warranty insurance with Munich Re, and membership in European panel recycling organization PV Cycle.

“Our mission is to produce the most cost-efficient solar power possible,” says Geoff Tate, CEO of Nanosolar Inc. “We are doing this through our printed CIGS technology, innovative panel design, and sound manufacturing decisions that lower panel costs in tandem with balance of system costs.”

Efficiency and volumes

Nanosolar prints its proprietary CIGS and nanoparticle inks directly onto low-cost aluminum foil, both faster and more cost-effectively than with traditional high-vacuum manufacturing equipment.

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