A new solar panel technology has achieved a record efficiency of 45%, a significant leap from previous models. This advancement promises to make solar energy more affordable and accessible worldwide.

The technology utilizes a multi-junction cell design that captures a broader spectrum of sunlight. Researchers state that commercial production could begin within the next two years.

This development is seen as a critical step toward meeting global carbon neutrality goals. Industry analysts predict a rapid shift in the energy market following widespread adoption.