Solar Cells
Fusion
Cambridge Photon Technology
Singlet Exciton Fission
Currently 20 percent efficient
Near term target 35 percent. 2025
Some Chinese companies are defying the “more efficient = more expensive” rule in 2022.
High efficiency solar panels are entering the market from companies like LonGi, Canadian Solar, and
Trina Solar that surpass the 20 percent efficiency rating, but cost less per watt as opposed to SunPower,
LG and Panasonic panels. Solar is cheaper than ever without sacrificing efficiency ratings,
which begs the question if U.S manufacturers will be able to maintain their pricing premiums.