Conventional solar panels on the market collect sunlight on their entire surface, converting it to electricity at 15 to 19 percent efficiency – meaning about 85 percent of the energy is lost in the process. There are more efficient cells out there, but they generally come at a great cost. Swiss company Insolight decided to act on this issue to bring customers a more efficient and affordable alternative. The start-up developed a unique set of residential solar panels using a patented optical system which concentrates light onto an array of tiny high-yield photovoltaic cells normally used in satellites. The novel installation manages to deliver yields of 29 percent – nearly twice as much as others currently on the market. Apart from their remarkable efficiency, Insolight’s solar cells can also cut household energy bills by up to 30 percent in sunny regions. Currently, the company is in talks with several solar panel manufacturers to license their technology, which is expected to hit the market in 2022.
New innovative solar cells deliver twice as much energy as traditional ones
More of Today's Solutions
Understanding The Neurodivergent Perspective
What’s it like to live in a body and brain that functions differently than the majority of your peers? We are not talking about ...
Read MoreGiant tortoise believed extinct for 100 years is actually alive
We previously shared a story about a family finding their pet tortoise alive and well in their attic after it had been missing for ...
Read MoreAI could identify chickens in distress and improve conditions
We’ve already written before about AI’s potential to improve pigs’ lives by listening to them. Now, scientists have found they can use AI on ...
Read MoreThe future of healing: 3D printing skin directly onto open wounds
Pennsylvania State University researchers achieved a major medical science breakthrough by being the first team ever to 3D print real human skin tissue directly ...
Read More
