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May 5th, 2010
Solar cell breakthrough
Abstract:
Nanotechnology has come to the rescue of the solar industry — and not a moment too soon.
Solar cells have long been a favorite of people trying to reduce or eliminate their energy bills. Yet throughout its history, the relatively expensive up-front costs of obtaining photovoltaic cells has deterred many from investing in the technology. Now scientists from the California Institute of Technology (Caltech) have developed a new solar cell that will cost a tiny fraction of current prices. The researchers hope that their breakthrough will change the economics of solar forever.
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