GE: Solar business is our ‘next wind’

By doris | Published: September 25, 2009

Full Story at CNN.com

In 2011, the energy giant expects to produce solar panels made with cadmium telluride, a thin-film solar cell material, said Michael Idelchik, vice president of advanced technologies at GE Global Research at the EmTech conference here on Wednesday.

The company now sells solar panels that use silicon solar cells, but its long-term bet is on thin-film and specifically cadmium telluride because it offers the cheapest cost per watt, he said.

Last year, GE’s energy division took a majority stake in Golden, Colorado-based PrimeStar Solar, for its cadmium telluride cell technology. GE is now developing a product around that aimed at utility and commercial customers.

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