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"In order to limit global warming, we will need to install terawatts of solar panels," says Lennon. "This will require a lot of metal. Silver is a limited resource and as it becomes more and more scarce, its price will go up so the cost of producing solar modules will rise as well. Mining silver from lower quality ores also produces more emissions, making the problem worse. Copper is much more available as a resource, it’s cheaper and it’s also easier to recycle. The metal from copper-plated solar modules will be easier to recover from old modules and therefore may be more easily recycled in the future. This helps enormously from a sustainability perspective.”
The team's 25.54 percent topples the previous efficiency record for a commercial-sized silicon solar cell of 25.26 percent held by Chinese company Longi. Other silicon solar cells have pushed out beyond this in laboratory settings, but achieving such performance in a commercially-sized cell, using copper in place of silver no less, is a notable step forward for the industry.