The U.S. Department of Energy’s National Renewable Energy Laboratory set a new solar cell efficiency record of 39.5%.

This was accomplished under similar lighting conditions to the sun, which is a stark change from the last world record. Earlier experimental solar cells showed top efficiency rates of 47.1% in 2019, but that was only when exposed to an extremely concentrated light.

This isn’t just more hype, but a sign of where solar panel technology stands today and where it’s heading in the near future.

However, this isn’t the only big solar panel news in 2022. There’s been a lot of very recent advancements from perovskites to organic solar cells too, so what does this mean for the industry and customers?

Matt explains in this video:

This video was produced and published by Undecided with Matt Ferrell. It was originally published on his YouTube channel. It’s published here via a pvbuzz partnership with Matt.

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