Published on August 19th, 2012 | by Chelsea0
Panasonic Wins Award for Solar Technology
Panasonic has received the Corporate Innovation Award from the Institute of Electrical and Electronics Engineers (IEEE) for developing and commercializing high performance heterojunction solar technology (HIT).
Panasonic began working on developing solar cells in the early 1980s, and by 1987 were successful in mass producing HIT solar cells that were widely used in calculators. After solar cells became ubiquitous in calculators, other companies and researchers began applying solar cells to other devices.
Today, HIT cells are recognized to have a conversion efficiency of nearly 22 percent at mass production level. Panasonic produces about 6,000 megawatts of HIT solar cells every year, supplying Japan, Europe, and America.
The IEEE Corporate Innovation Award is given to any entity that has advanced electrotechnology in a major way.
Source: Business Wire