This is the second one I've posted this week reaching
>40% efficiency. (This appears to be
a different discovery by a different team..)
http://www.eetimes.com/showArticle.jhtml?articleID=1966...A breakthrough in solar cell technology promises to make solar power a cost-competitive energy option and to reduce U.S. dependence on oil.
With funding from the Department of Energy, Boeing-Spectrolab has managed to create a solar cell with 40.7% sunlight-to-energy conversion efficiency, said DoE assistant secretary for energy efficiency and renewable energy Alexander Karsner on Tuesday.
The solar cell represents "the highest efficiency level any photovoltaic device has ever achieved," according to David Lillington, president of Spectrolab. That claim has been verified by the DOE's National Renewable Energy Laboratory in Golden, Colo.
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On edit: here's the first one:
http://www.greencarcongress.com/2006/12/researchers_ach...Michael Grätzel and his colleagues have developed a device that sets a new benchmark for efficiency in splitting water into hydrogen and oxygen using ordinary sunlight. The research will be published in the 13 December issue of the Journal of the American Chemical Society.
Previously, the best water photooxidation technology had an external quantum efficiency of about 37%. The new technology’s efficiency is 42%, which the researchers term “unprecedented.” The efficiency is due to an improved positive electrode and other innovations in the water-splitting device.
Most of today's solar cells are between 12% and 18% efficient. Some of the ones used to power satellites are around 28% efficient. In 1954, 4% efficiency was state of the art.