Breakthrough in Solar Panel Efficiency Announced
Scientists have achieved a new milestone in solar energy technology, increasing panel efficiency by 25% compared to previous models. This advancement could significantly reduce the cost of renewable energy.
Key Features of the New Technology
- Advanced photovoltaic cells with improved light absorption
- Reduced energy loss during conversion
- More durable materials with longer lifespan
Projected Impact
The new solar panels could provide enough energy to power 1 million homes by 2030, according to industry estimates.
Commercial production is expected to begin within the next 18 months, with several energy companies already expressing interest in the technology.