Photovoltaics
As of 2024, the world record for solar cell efficiency is 47.6%, set in May 2022 by Fraunhofer ISE, with a III-V four-junction concentrating photovoltaic (CPV) cell. This beat the previous record of 47.1%, set in 2019 by multi-junction concentrator solar cells developed at National Renewable Energy Laboratory (NREL), Golden, Colorado, USA, [31] which was set in …
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