Arizona-based First Solar, Inc. announced recently that it set a world record for cadmium-telluride photovoltaic solar cell conversion efficiency, "achieving 20.4 percent conversion efficiency certified at the Newport Corporation's Technology and Applications Center (TAC) PV Lab and confirmed by the U.S. Department of Energy's National Renewable Energy Laboratory (NREL)." The cell that set the record was constructed at the company's factory and Research & Development Center in Perrysburg, Ohio. For more, read the full news release.