3rd generation solar panels include a variety of thin film technologies but most of them are still in the research or development phase. Some of them generate electricity by using organic materials, others use inorganic substances (CdTe for instance).
Biohybrid Solar Cell
The Biohybrid solar cell is one of the types of solar panels, that is still in the research phase. It has been discovered by an expert team at Vanderbilt University. The idea behind the new technology is to take advantage of the photosystem 1 and thus emulate the natural process of photosynthesis. In case you want to learn more about how the biohybrid solar cell works in detail, read more about it in the American Journal of Optics and Photonics. It explains in more detail how these cells work. Many of the materials being used in this cell are similar to the traditional methods, but only by combining the multiple layers of photosystem 1, the conversion from chemical to electrical energy become much more effective (up to 1000 times more efficient than 1st generation types of solar panels).
Cadmium Telluride Solar Cell (CdTe)
Among the collection of different types of solar panels, this photovoltaic technique uses Cadmium Telluride, which enables the production of solar cells at a relatively low cost and thus a shorter payback time (less than a year). Of all solar energy technologies, this is the one requiring the least amount of water for production. Keeping the short energy payback time in mind, CdTe solar cells will keep your carbon footprint as low as possible. The only disadvantage of using Cadmium Telluride is its characteristic of being toxic if ingested or inhaled. In Europe especially, this is one of the greatest barriers to overcome, as many people are very concerned about using the technology behind this type of solar panel.
Concentrated PV Cell (CVP and HCVP)
Concentrated PV cells generate electrical energy just as conventional photovoltaic systems do. Those multi-junction types of solar panels have an efficiency rate of up to 41%, which, among all photovoltaic systems, is the highest so far.
