Solar Panel Efficiency Reaches 50%: New Technology Doubles Energy Output

Researchers have developed a new type of solar panel that achieves 50% efficiency in converting sunlight to electricity, doubling the performance of conventional panels. The technology uses advanced materials and multi-junction cell designs that can capture a broader spectrum of sunlight. The breakthrough makes solar power more cost-effective than fossil fuels in most regions, even without subsidies. The panels are also more durable and perform better in low-light conditions, addressing previous limitations of solar technology. Manufacturers are scaling up production, and the new panels are expected to be widely available within two years. The improved efficiency means that solar installations require less space and can generate more power, making solar energy viable in more locations. This development could accelerate the transition to renewable energy and help countries meet their climate goals.