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Gold/Mining/Energy : SunPower Announces Initial Public Offering SPWR
SPWR 1.720+6.2%3:59 PM EST

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To: Jim Oravetz who wrote (22)12/14/2006 10:24:38 AM
From: Jim Oravetz  Read Replies (2) of 196
 
Boeing Spectrolab Terrestrial Solar Cell Surpasses 40 Percent Efficiency

St. Louis, MO Wednesday, December 06, 2006 --
Boeing [NYSE: BA] today announced that Spectrolab, Inc., a wholly-owned subsidiary, has achieved a new world record in terrestrial concentrator solar cell efficiency. Using concentrated sunlight, Spectrolab demonstrated the ability of a photovoltaic cell to convert 40.7 percent of the sun’s energy into electricity. The U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) in Golden, Colo., verified the milestone.

“This solar cell performance is the highest efficiency level any photovoltaic device has ever achieved,” said Dr. David Lillington, president of Spectrolab. “The terrestrial cell we have developed uses the same technology base as our space-based cells. So, once qualified, they can be manufactured in very high volumes with minimal impact to production flow.”

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spectrolab.com

Spectrolab does not opperate in the general Solar market like SunPower does. Just posting for a FYI.
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