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Australian researchers first to get 40% efficiency from a solar system

on Monday, 08 December 2014.

An Australian Renewable Energy Agency (ARENA) funded program at the University of New South Wales (UNSW) has been the first in the world to achieve a 40% conversion rate of solar radiation to electricity through a solar power system. The CEO of ARENA, Mr, Frischknecht said, "The clever solution combines advanced triple junction cells with cheaper conventional silicon cells to boost power output." The record-breaking technology was developed through collaboration between UNSW and local company, RayGen Resources. Mr Frischknecht believes that the breakthrough could have practical applications for concentrated solar power PV towers, where sunlight is reflected from a field of sun tracking mirrors towards a central receiver. More information can be found in the ARENA press release ARENA NEWS