Iran's unique geographical position and climate means 90% of the country has enough sun to generate solar power 300 days a year. Iran has 520 watts per hour per square meter of solar radiation every day. Other renewable sources give an equivalent of 2,200 kilowatt-hour solar radiation per square meter.
According to the predictions, the world will face an increasing growth in solar energy industry in future; the generation of electricity by solar cells is less than 2% in 2015 but will be about 16% in 2050
TERAWAVE Inc. as a spin-off company from University of Tehran has begun its activity (in the renewable energy department)by designing and building the University of Tehran’s pilot solar cell manufacturing line and test lab as the Iran’s reference laboratory of solar cell test with consultation of ISC Konstanz and Fraunhofer Institute for Solar Energy Systems (ISE). We have made it our task to decrease the cost of electricity generation using silicon-based photovoltaics. By doing so, we wish to promote the widespread use of this technology and support other internal manufacturing companies. This is why we are looking for optimizing the existing and developing new processing steps for present-day and future industrial solar cells. At the heart of this effort lies our research into technologies based on crystalline silicon wafers. For this purpose we work with traditional polysilicon and also other innovative solar materials.