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Canadian Solar announces record for cell conversion efficiency

|About: Canadian Solar Inc. (CSIQ)|By:, SA News Editor

Canadian Solar (CSIQ -1.7%) says it broke its own record for PV cell conversion efficiency, achieving 22.8% conversion efficiency for its p-type multi-crystalline silicon P5 cell.

CSIQ says the record-setting P5 cell conversion efficiency was tested and certified by Germany's Institute für Solarenergieforschung GmbH.

The P5 milestone "proves that our multi-crystalline silicon technology can achieve efficiencies very close to mono while still enjoying the cost advantage of multi," CSIQ Chairman and CEO Shawn Qu says.

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