Spectrolab, a manufacturer of space solar cells and panels, has announced its multi-junction solar cell efficiency of 37.8%.
Spectrolab's battery efficiency validated by the U.S. Department of Energy's National Renewable Energy Laboratory.
In June 2012, Lux Research expects Spectrolab's battery efficiency to reach 45% within five years and reach 50% within 10 years.
According to Nasser Karam, Spectrolab's vice president of cutting-edge technology, the technology of solar cells can already achieve higher efficiency, even at low concentrations, it can exceed 45%.
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