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The panels are various new thin-film technologies that Chevron thinks could cost less than current thin film technologies or traditional crystalline silicon solar cells.
FORBES: Chevron Stages Solar Talent Show
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An interview published last year in the Bulletin of Atomic Scientists detailed how at age 88, he was working on a new approach to photovoltaic thin-film production that he said would allow factories to make enough solar panels in a year to produce at least one gigawatt of electricity annually roughly the scale of a nuclear power plant at the price of coal.
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That is not great compared with the 20% and more achieved by a silicon-based solar cell, the 40% managed by a solar-thermal turbine, or even the 18-20% of one of the new generation of cheap and cheerful thin-film solar cells.
ECONOMIST: Solar power