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NREL awards $1.8m in second round of contracts for Cadmium Telluride Accelerator Consortium

What happened

The US National Renewable Energy Laboratory (NREL) has awarded $1.8 million to fund seven projects under the Cadmium Telluride Accelerator Consortium (CTAC), aimed at advancing CdTe solar panel technology. This is a government-backed R&D initiative focused on improving efficiency and reducing costs for this specific photovoltaic material. Neutral: This is a long-term research funding announcement with no immediate impact on semiconductor supply, demand, or pricing for traders.

Impact and signal

Low impactImpact score: 10/100

Affected components and suppliers

Cadmium Telluride (CdTe)
R&Dgovernment-fundingsolar

Source and time

Source: Semiconductor Today · 1/17/2024 · View original source

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