sanyo announces record efficiency
Sanyo is known for manufacturing solar panels that generate the most watts per square foot, the most highly efficient solar panels on the market today. I like to call Sanyo solar panels the “Ferrari of solar panels” since they perform very well due the hybrid composition of their solar cells. Today, Sanyo announced they have broken a its own record for the world’s highest energy conversion efficiency in practical size crystalline solar cells, reaching a efficiency of 23.0% in a laboratory.
Now the challenge is for Sanyo to take their research and turn the record breaking high efficiency solar cells into mass production while lowering costs so solar panels become for affordable as well as more efficient. Sanyo has a goal to increase solar cell conversion efficiency by significant advances in lowering the production cost of the photovoltaic system and the reduction in the use of silicon, the materials most solar panels are made out of. When do you think it’s worth paying the premium for Sanyo high efficiency solar panels? What types of projects are high efficiency solar panels a good fit for?