Low cost Organic Solar PV, the opposite of OLED reaches efficiency of 12%

The new trend in electronics now is use of organic material as semiconductor, conductor and insulator material. The advantage is they are environment friendly and can be made at room temperature, so that Billion $ costing fabs are not required. One such device is Organic Solar PV. The organic light emitting device (OLED) is already a success in the market with the recent launch of 55 Inch OLED TV by LG. The Solar PV does the exactly opposite job of OLED, i.e., instead of emitting light it converts light into electrical energy. One of the company leading in organic Solar PV is Germany based Heliatek GmbH. Heliatek GmbH has announced it has achieved a record-breaking 12.0% cell efficiency for its organic solar cells. Heliatek developed this tech in cooperation with the University of Ulm and TU Dresden. The performance measurement done at SGS also validated the superior low light and high temperature performances of organic photovoltaics (OPV) compared to traditional solar technologies, says Heliatek. Heliatek explains: The 12.0% record cell on a standard size of 1.1 cm² combines two patented absorber materials, which convert light of different wavelengths. Using two different absorber materials creates a stronger absorption of photons and improves energetic utilization through a higher photovoltage.Thanks to OPV's unique behavior at high temperatures and low light condition...