present is 36% efficiency. the new research here is for 44%. By about 8%. This the next major step towards higher efficiency. Low cost also. Coommercialisation will be fruitfull. So by 5 more years we reach about 60 to 70% efficiency.I forsee a great solar future in our earth planet.
Lower cost with double the efficiency!! This seems to be first one of the breakthrough discoveries that is very much needed to take the solar power generation to the next milestone. Is there a plan to build a solar panel to demonstrate the efficiency that could be derived once it is produced commercially?
It is unexpected discoveries like these that offer the potential for cost effective solar power generation - and can render the currently leading technology obsolete overnight. A scary place to be investing but an exciting time for the future of affordable distributed power generation.