New Technology Breakthrough Could Revolutionize Renewable Energy
Scientists have developed a new material that could make solar panels twice as efficient and significantly cheaper to produce.
A team of researchers from the National Renewable Energy Laboratory has announced a breakthrough in photovoltaic technology that could significantly increase the efficiency of solar panels while reducing production costs.
The new material, a perovskite-silicon tandem cell, has demonstrated conversion efficiency of over 30% in laboratory tests, compared to the 15-22% efficiency of current commercial solar panels.
"This represents a major step forward in renewable energy technology," said Dr. Sarah Chen, lead researcher on the project. "If we can successfully scale this for commercial production, it could dramatically reduce the cost of solar energy and accelerate the transition away from fossil fuels."