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

The technology utilizes a multi-junction cell design, capturing a broader spectrum of sunlight. Experts suggest this could revolutionize energy grids within the next decade.

Pilot projects are already underway in several regions, with initial results exceeding performance expectations. The focus is now on scaling up manufacturing capabilities.