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No stopping solar after another record breakthrough smashes 32% efficiency

If solar is already the world's cheapest form of energy what happens when the tech gets multiple times better?! Energy generation costs go to zero ...

Key takeaways

  • Yep it’s a crazy 132% thanks to a technology called Black Silicon.
  • Modules measuring about 29 by 34 centimeters (for an area of 965 square centimeters), a size which is large enough to be commercially viable, weigh only about 56 grams (0.58 kilograms per square meter).
  • Smaller cells using this structure (with an area of 1.047 square centimeters) achieved a conversion efficiency of 37.9% in April 2013.
Cite or link to this article

Griffin, M. (2022) 'No stopping solar after another record breakthrough smashes 32% efficiency', 311 Institute, 11 June. Available at: https://www.311institute.com/no-stopping-solar-after-another-record-breakthrough-smashes-32-efficiency/ (Accessed: 1 October 2026).

After reading the title of this article I know what you’re thinking … what’s the maximum efficiency we can get from a solar panel? Well, I’ll give you two clues, first it’s not 32% and second you have to add a 1 in front of the 32%. Yep it’s a crazy 132% thanks to a technology called Black Silicon.

However, while commercially available solar panels with that kind of energy efficiency are a way off this week Sharp Corporation has achieved a conversion efficiency of 32.65% in a lightweight, flexible, practically sized solar module developed as part of the “Research and Development of Solar Cells for Use in Vehicles” project, which is administered by Japan's New Energy and Industrial Technology Development Organization (NEDO). And the fact it’s flexible means it’s a great candidate to help us get rid of Lithium Ion (LiON) batteries in, for example, electric vehicles some of which are already running on solar.

The Future of Energy, Keynote by Matthew Griffin

Furthermore, as we think of the oil and gas energy giants strangle hold on the "old" automotive industry when combined with peer to peer vehicle charging this will let car manufacturers "generate and sell" their own energy to other road users and disintermediate companies like Shell and VW who are already investing billions in building out and owning the next generation of super charger networks ...

The Future of Mobility, Keynote by Matthew Griffin

The module’s conversion efficiency, currently the world’s highest, according to the company, bests that of a similar Sharp module developed under another NEDO project in 2016, which achieved an efficiency of 31.17%, at the time a world record.

The new prototype uses a triple-junction compound design that sandwiches the solar cell between layers of film. The module is expected to be used in a variety of vehicles, an application that demands high efficiency and lightweight construction. Modules measuring about 29 by 34 centimeters (for an area of 965 square centimeters), a size which is large enough to be commercially viable, weigh only about 56 grams (0.58 kilograms per square meter).

Sharp’s triple-junction compound solar cell adopts a proprietary structure that comprises three photo-absorption layers with indium gallium arsenide as the bottom layer so that sunlight can be efficiently converted into electricity. Smaller cells using this structure (with an area of 1.047 square centimeters) achieved a conversion efficiency of 37.9% in April 2013. In 2016, Sharp used practically sized cells (with an area of 27.86 square centimeters) to create a composite module (with an area of 968 square centimeters) to achieve a conversion efficiency of 31.17%, at the time the world’s highest.

In this current project, Sharp increased the average conversion efficiency of its triple-junction compound solar cells (with an area of 22.88 square centimeters) from the 2016 modules (from about 34.5% to about 36%) and improved the cell fill factor on each module to improve the conversion efficiency for a practically sized module (with an area of 965 square centimeters) to 32.65%.

Sharp said it would continue to conduct R&D into more efficient, lower-cost solar modules with a view to their use in such applications as electric vehicles (EVs) and aerospace.

Solar cells for EVs that provide direct electricity promise to make electric cars more convenient for users due to lower fuel costs and less time required for charging.

“Against this backdrop, Sharp has been developing high-efficiency, low-cost solar modules that can conform to the curved surfaces of vehicles for use in a broad range of vehicles, including in standard EV and aerospace applications, by 2050,” the company added.

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What this means for your organisation

Weight is the vehicle constraint.

The module is flexible and weighs only about 56 grams, which is what makes it suitable for vehicles where efficiency and light weight are both demanded. High efficiency alone would not be enough. Product teams should hold both constraints rather than optimise one.

Records are being broken quickly.

The new figure beats the firm's own module from an earlier project that held the world record at 31.17%. Each generation arrives within a few years. Buyers should plan for better panels rather than fix specifications to today's best.

Generation could shift who sells energy.

Vehicles that generate power, combined with peer to peer charging, would let carmakers sell energy to other road users. That cuts across firms investing billions in charging networks. Energy and automotive leaders should consider who owns the customer relationship when vehicles generate their own supply.

Three questions for your next leadership meeting

  1. Are we optimising one constraint when our customers hold two?
  2. Do our specifications assume today's best technology?
  3. Who owns the customer if our products generate their own energy?

The trends and technologies behind this story

From the 311 Starburst, the 311 Strategic Intelligence Unit’s map of the technologies and trends shaping the next 50 years.

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Analysis by the 311 Strategic Intelligence Unit, from Matthew Griffin’s article and 311 data. First published on Fanatical Futurist.

FAQ

Why does this matter?

If solar is already the world's cheapest form of energy what happens when the tech gets multiple times better?! Energy generation costs go to zero ...

Matthew Griffin

About the author

Matthew Griffin Founder, President and Futurist, 311 Institute

Matthew Griffin is a multi-award winning Futurist and expert in Disruption and Innovation, Geopolitics, Leadership, and Technology, who NASA have described as a "walking encyclopaedia of the future" and a "futurist Polymath."

Read full bio

Matthew Griffin is a multi-award winning Futurist and expert in Disruption and Innovation, Geopolitics, Leadership, and Technology, who NASA have described as a "walking encyclopaedia of the future" and a "futurist Polymath." 17-time best selling author of the "Codex of the Future" series, Matthew is the Founder, President and Futurist of the 311 Institute, a global Futures and Deep Futures advisory firm working with royal households, world leaders, G7, G20, and G77 governments, NGOs, and multi-national mid and mega cap firms to help them explore, shape, and lead the next 50 years of business and society.

An award-winning YouTube creator with over a million followers, with an unrivalled global reach and impact, Matthew is a highly sought-after international keynote speaker, lecturer, and mentor who collaborates with global leaders through the United Nations Alliance of Civilizations (UNAOC) and United Nations General Assembly (UNGA) to shape pivotal initiatives such as the UN’s AI for Humanity program, the United Nations Conference of the Parties (UN COP), and the World Economic Forum in Davos.

As the former Global Head of Cloud, National Security, and Enterprise Sales for companies including Atos, Dell-EMC, and IBM, Matthew has a proven track record of building multi-billion dollar business units and turning failing divisions into market leaders. His ability to identify, analyse, and communicate the implications of hundreds of emerging technologies and trends is unparalleled, and his insights are trusted by many of the world’s most respected organisations, including ABB, Accenture, Adidas, AON, ARM, BCG, Centrica, Citi, Coca-Cola, Dentons, Deloitte, Dow Jones, EY, Google, KPMG, Lego, Legal & General, LinkedIn, Microsoft, PepsiCo, Qualcomm, RWE, Samsung, Siemens AG and Siemens Energy, T-Mobile, UBS, VISA, Walmart, Workday, Worldpay and many others.

Regularly featured in the global media including the AP, BBC, Bloomberg, CNBC, Discovery, Forbes, Khaleej Times, Telegraph, TIME, ViacomCBS, WIRED, and the WSJ, Matthews mission is to help organisations create a fair and sustainable future whose benefits are shared by everyone irrespective of their ability, background, or circumstances.

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Sources and further reading

  1. Sharp Corporation global.sharp
  2. New Energy and Industrial Technology Development Organization nedo.go.jp

Source: first published by the 311 Institute on 11 June 2022. Cite as: Griffin, M. (2022). No stopping solar after another record breakthrough smashes 32% efficiency. 311 Institute. https://www.311institute.com/no-stopping-solar-after-another-record-breakthrough-smashes-32-efficiency/

You are welcome to quote this article with credit and a link to the original.

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