From a technology standpoint, many of the world’s largest PV manufacturers squandered the last few years, first because of pressures related to the market boom, and then, after the market became oversaturated, because of their poor financial health, according to Singulus chief executive Stefan Rinck.

The technology to jolt crystalline silicon (c-Si) modules past the 20% efficiency mark has been available for years, but the world’s biggest producers have largely put off upgrading, says Rinck.

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