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NREL awards $2m in contracts to support development of cheaper, more efficient CdTe solar cells
What happened
The US National Renewable Energy Laboratory (NREL) has awarded $2 million in contracts to six projects supporting the Cadmium Telluride Accelerator Consortium (CTAC), aimed at making CdTe solar cells cheaper and more efficient. This is part of a long-term US government initiative to advance domestic solar technology. Neutral: This is a multi-year R&D effort with no immediate, direct impact on semiconductor supply, demand, or pricing for traders.
Impact and signal
Low impactImpact score: 8/100
Affected components and suppliers
Cadmium Telluride (CdTe)
R&Dsolargovernment-funding
Source and time
Source: Semiconductor Today · 6/23/2023 · View original source
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