The largest producer of solar panels in the world, Suntech Power Holdings, has recently reported more information regarding its latest Pluto technology. This new technology has made substantial progress in improving the conversion efficiencies of solar cell technology
Although there have been a number of improvements in technology in the industry overall, none of the others are yet ready for commercial distribution. Although the Fraunhofer Institute achieved a solar cell efficiency of over forty percent, it, also, is far from ready for mass production.
Already in the process of mass production, Suntech’s Pluto technology has employed solar panels with efficiencies of 19% in monocrystalline technology and 17% in polycrystalline panels. Other current technology currently has efficiencies of 18% and 14% respectively.
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