The American company SolarCity revealed a new solar panel which is described as "the most efficient" solar panel in the world. According to the Renewable Energy Test Center, the solar panel has the same size as a conventional domestic solar panel, but it produces 30 to 40 percent more energy.
SolarCity argues that this panel produces more electricity per square meter than any other residential unit on the market.
However, there are other technologies that have achieved higher efficiency, but they are not designed for residential roofing. The domestic solar panels usually achieve efficiency ranging from 11 to 17%.
The company aims to produce 9,000 to 10,000 units per day once the plant reaches its full production capacity and it will maintain costs at the same level with conventional technologies thanks to a new production process. This is going to become a reality in 2017 according to Jonathan Bass, SolarCity’s Vice President of Communications.
The company will begin installing panels on specific projects with space restriction.
“In the short term, it won’t be a situation where a customer will say, ‘I want that panel,’” explained Bass. Instead, the company will use the panels for projects with particular space constraints and the need to generate more power.
“If anything, long-term, we’re hopeful we can lower the cost to the customer, or at least offer solar power in more places than we do today,” he said.
“We expect it will allow us to offer solar electricity at a discount to utility power in more places,” Bass added.
Also, SolarCity claims that these solar panels will have higher performance compared to other technologies under high temperature conditions.