Researchers have achieved a significant milestone in solar panel efficiency, reaching a record 47.1% conversion rate under laboratory conditions.
The new technology uses a multi-layer design with advanced light-capturing materials. This development could potentially reduce solar energy costs by 30% once commercialized.
Key Advantages:
- Works effectively in low-light conditions
- More durable than conventional panels
- Requires less installation space
Field testing is expected to begin next year in several sunny locations around the world. The research team is currently working on scaling up production methods.