Now, it’s been revealed, that First Solar has a research team working in Silicon Valley on the CIGS (copper, indium, gallium diselenide) solar panels. This type of solar panel has been pioneered by other companies, but in the hands of First Solar might be taken to the next stage of technological evolution.
CIGS offers the potential for thin-film solar panel with low production costs, but high efficiency levels of up to an incredible 20 percent. First Solar is currently at looking at ways to make this technology producible for low cost. If successful this could prove to have huge impact on the solar power industry in general.