Solar Panel Efficiency Gains

North Carolina based Semprius has set a new standard for solar panel efficiency at 33.9 percent!  While only a small gain over the previous record of 32%, it’s nice to see this trend continue, as improved efficiency helps increase solar’s competitiveness in the marketplace.  They accomplish this through the use of lenses and mirrors to focus the incoming light, a technique known as concentrated photovoltaics (CPV).  They’re expecting production of this technology to begin in the second half of 2012, though it’s targeted more towards utility-scale installations, not residential owners.