Solar Cell from Spectrolab Named One of the Year's Top 100 Technologies

Spectrolab Inc. (Los Angeles, CA), a unit of Boeing Satellite Systems, which is a business of The Boeing Co. (Seattle, WA), announced that its newly developed solar cell has been selected by Research and Development Magazine as one of the 100 most significant technologies of the year. The award is for a triple-junction terrestrial concentrator solar cell that has achieved a conversion efficiency of 34 percent in laboratory tests.

"We're very proud to be among the companies whose technology was selected for this award," said David Lillington, president of Spectrolab. "Beside being a very prestigious technical award, this honor recognizes excellence in products that are actually being developed, with real applications that benefit mankind. This solar cell, when used in the appropriate light concentrating system, has the potential to be competitive with conventional electricity-generation technologies in the future. Because they achieve such tremendous efficiencies but are still relatively inexpensive to manufacture, these solar cells could dramatically reduce the cost of electricity generation from solar energy."

Spectrolab shares the magazine's award with the National Renewable Energy Laboratory.