Taking GaAs as an example, it has a slightly larger lattice constant and is significantly heavier than silicon. It is also a direct band gap material, with a band gap transition of about 1.42eV. The absorption coefficient of GaAs is much larger than silicon, and hence its thickness can be much thinner. Its band gap is also relatively sharp, which means that the absorption coefficient increases rapidly above the minimum band gap energy. SRH recombination can also be low due to the purity of the epitaxy processes for III-V film deposition.
The key importance of III-V technology is that these solar cells are multi-junctions, where more than one material with different band gaps are used (see diagram above). Hence, the Shockley-Queisser limit is overcome. This is because there is less excess energy dissipated as heat for the same quantity of photons.
An example of a III-V triple junction stack is shown in the diagram above. The lowest solar cell is made of Germanium (Ge) with a band gap of 0.67eV. The middle cell is made of GaAs with a band gap of about 1.4eV. The top cell is made of GaInP (Gallium Indium Phosphide) with the highest band gap of 1.86eV. The top cell is also the front window surface for the entire triple junction solar cell and absorbs the highest energy photons belonging to blue light. Ge is meant to absorb the red light and near infrared light, which has the largest penetration depth.
The J-V curve of the triple junction is shown in the diagram above, where each component cell of the triple junction are considered to be in series with each other. Hence, the lowest Jsc of the top cell is the output Jsc, and the Voc is the sum of all 3 Voc.
Hence, electrons can tunnel through the tunnel junction barrier from the n-layer to the p-layer to recombine with the holes (see diagram below). The low resistance of the tunnel junction means that there is low voltage loss.
Reference:
5.1 - III-V PV Technology, Delft University of Technology, https://www.youtube.com/watch?v=NCRoe-S17e8
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