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Qcells Invests $100M in Perovskite Production: Week in Brief: 05/26/23

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SEOUL, South Korea, May 26, 2023 — Qcells, a clean energy technology company, will invest $100 million to accelerate the commercialization of perovskite-based tandem cells, a solar cell technology designed to boost panel efficiency. Qcells’ parent company, Hanwha Solutions, said it will build a pilot tandem-cell production line at its Jincheon factory in South Korea. The facility is expected to be operational by late 2024 with the aim to commercialize tandem cells by 2026. To support this target, the pilot facility in Jincheon will work closely with Qcells’ headquarters for technology and innovation in Thalheim,...Read full article

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    Published: May 2023
    Glossary
    perovskite
    The term perovskite refers to a specific crystal structure commonly found in various materials. Perovskite structures have a cubic arrangement of oxygen ions, forming a framework within which other cations (positively charged ions) are located. This crystal structure was named after the mineral perovskite, which has the chemical formula CaTiO3 and was first discovered in the Ural Mountains of Russia. The general formula for the perovskite structure is ABX3, where: A represents a larger...
    photovoltaic
    Photovoltaic (PV) refers to a technology that converts sunlight directly into electricity using semiconductors. The term "photovoltaic" is derived from the words "photo," meaning light, and "voltaic," referring to electricity, named after Alessandro Volta, a pioneer in the field of electricity. Key points about photovoltaic technology: Photovoltaic cells: The basic building block of photovoltaic technology is the photovoltaic cell, also known as a solar cell. These cells are made of...
    lidar
    Lidar, short for light detection and ranging, is a remote sensing technology that uses laser light to measure distances and generate precise, three-dimensional information about the shape and characteristics of objects and surfaces. Lidar systems typically consist of a laser scanner, a GPS receiver, and an inertial measurement unit (IMU), all integrated into a single system. Here is how lidar works: Laser emission: A laser emits laser pulses, often in the form of rapid and repetitive laser...
    quantum
    The term quantum refers to the fundamental unit or discrete amount of a physical quantity involved in interactions at the atomic and subatomic scales. It originates from quantum theory, a branch of physics that emerged in the early 20th century to explain phenomena observed on very small scales, where classical physics fails to provide accurate explanations. In the context of quantum theory, several key concepts are associated with the term quantum: Quantum mechanics: This is the branch of...
    integrated photonics
    Integrated photonics is a field of study and technology that involves the integration of optical components, such as lasers, modulators, detectors, and waveguides, on a single chip or substrate. The goal of integrated photonics is to miniaturize and consolidate optical elements in a manner similar to the integration of electronic components on a microchip in traditional integrated circuits. Key aspects of integrated photonics include: Miniaturization: Integrated photonics aims to...
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