Niskayuna, N.Y.-based GE Global Research recently announced that scientists on its Nano Photovoltaics (PV) team have demonstrated a scalable silicon nanowire-based solar cell, which has the potential to achieve up to 18% efficiency and be produced at a dramatically lower cost than conventional solar cells. Increasing the affordability and availability of solar power is a key part of GE’s ecomagination initiative.

Ecomagination represents the company’s commitment to develop cleaner technology and products to address the world’s toughest environmental and energy challenges.