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ARTICLE · 26 JANUARY 2011

Maybe not so Foolish

One of those headlines that you can't ignore: Fool's gold catches eye of solar energy researchers!

United StatesEnergy and Natural Resources

A UC Irvine team thinks iron pyrite could be a cheaper alternative to the materials now used in making solar panels.

Iron pyrite — also known as fool's gold — may be worthless to treasure hunters, but it could become a bonanza to the solar industry.

But researchers at UC Irvine said they could soon turn fool's gold into a cheaper alternative to the rare and expensive materials now used in making solar panels.

The UCI team believes the mineral can be processed into a thin film for use in photovoltaic cells, and could eventually convert sunlight into electricity at roughly the same rate as existing technology.

Though it's too early to estimate the cost of cells made with pyrite, Law said they're likely to be cheaper because fool's gold is so readily available. A prototype could be ready within the year, but it could be at least three years before the cells are commercially available.

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