Nature and Biodiversity

This is the most efficient solar panel ever made

State Electricity Company officials walk near solar cell panels at the largest solar power plant in Indonesia, at Oelpuah village in Kupang, July 20, 2017 in this photo taken by Antara Foto. Picture taken July 20, 2017. Antara Foto/Widodo S Jusuf via REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. FOR EDITORIAL USE ONLY. MANDATORY CREDIT. INDONESIA OUT. NO COMMERCIAL OR EDITORIAL SALES IN INDONESIA. - RTX3CBI1

Scientists have developed, potentially, the most efficient solar cell in the world. Image: REUTERS/Antara Foto

Tom Ward
Writer, Futurism

In brief

Scientists have developed a solar cell that's more efficient than any other currently on the market by using innovative technology capable of capturing more parts of the solar spectrum. Innovation like this is crucial for the mitigating the effects of climate change.

The solar panel of the future

Scientists have developed a solar cell that is capable of converting direct sunlight into electricity with 44.5 percent efficiency — making it, potentially, the most efficient solar cell in the world. Current solar technology only converts electricity with a maximum efficiency of about 25 percent. The impressive cell works by stacking multiple layers of solar hardware into a single cell, each of which absorbs a different aspect of the solar spectrum.

Image: Futurism

This new tech is innovative compared to other cells in two regards. First, it uses transfer printing, which allowed the scientists to assemble the component parts with a high degree of precision. Second, it uses materials derived from gallium antimonide (GaSb) substrates, which are usually reserved for infrared lasers and photodetectors, in order to absorb every part of the direct sunlight.

Matthew Lumb, lead author on the study, stated that “our new device is able to unlock the energy stored in the long-wavelength photons, which are lost in conventional solar cells, and therefore provides a pathway to realizing the ultimate multi-junction solar cell.”

Have you read?

The solar revolution

As with any piece of energy converting technology, in order to maximize the amount of energy produced, one can either increase the quantity of converters, or improve the efficiency of the converters themselves. If this technology is scaled up, solar panels would require roughly half the space to produce the same amount of energy as the systems in place today due to their greater efficiency.

Although producing the initial was expensive, this experiment — and others like it — are crucial to show the upper limits of what is possible in solar technology. It has established a precedent, and the space in the market for another individual to make the cell cost effective.

Solar power already accounts for an increasing amount of energy produced worldwide, and it is becoming ever cheaper. Therefore, it is important to continue to find ways that make solar energy more and more effective so that it can surpass fossil-fuel based energy and become a green energy source capable of helping our planet (and us) to survive the harm we have caused it.

Don't miss any update on this topic

Create a free account and access your personalized content collection with our latest publications and analyses.

Sign up for free

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.

Stay up to date:

Future of the Environment

Related topics:
Nature and BiodiversityFourth Industrial RevolutionClimate Action
Share:
The Big Picture
Explore and monitor how Future of the Environment is affecting economies, industries and global issues
A hand holding a looking glass by a lake
Crowdsource Innovation
Get involved with our crowdsourced digital platform to deliver impact at scale
World Economic Forum logo
Global Agenda

The Agenda Weekly

A weekly update of the most important issues driving the global agenda

Subscribe today

You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.

2:15

More than a third of the world’s tree species are facing extinction. Here are 5 organizations protecting them

How a retailers’ environment fund is restoring nature at scale through a small fee for plastic bags

About us

Engage with us

  • Sign in
  • Partner with us
  • Become a member
  • Sign up for our press releases
  • Subscribe to our newsletters
  • Contact us

Quick links

Language editions

Privacy Policy & Terms of Service

Sitemap

© 2024 World Economic Forum