Since the introduction of the modern silicon solar cell, the efficiency of solar cells has improved significantly. The first silicon solar cell was created by Bell Labs and shown to the public for the first time on April 25, 1954. This solar cell was able to convert about 6% of the solar energy it collected to electricity.
The silicon solar cell followed the selenium solar cell, which was significantly less efficient. Selenium solar cells only converted about 0.5% of the sun’s energy.
Most research on solar cells since that time has focused mainly on improving efficiency and decreasing manufacturing costs. So far, researchers have succeeded in creating cells with up to 40% efficiency, using exotic materials. However, using these materials significantly increases the production cost; these high-efficiency cells can cost over 100 times as much as ordinary 8% efficient cells to produce. Decreasing production cost may be even more important than improving efficiency in relation to the goal of encouraging more users to adopt solar power.
The total amount of power provided by the sun under ideal conditions is around 1,000 watts per square meter. These are the conditions that are assumed when a specific solar cell’s output specifications are cited. Of course, there are a number of factors that can impact the intensity of sunlight, such as weather, elevation, pollution, and dust. Some events, such as volcanic eruptions, can even reduce sunlight on a worldwide basis for periods of a year or longer. Elevation has an impact on solar cell efficiency in that higher elevation actually brings greater efficiency. This is due to the fact that, as elevation gets higher, the air gets thinner, and the effects of dust and pollution are decreased.
At approximately 14-19% efficiency, multicrystalline solar cells are the most efficient cells currently on the market. However, this kind of cell is not expected to improve much beyond that benchmark. Amorphous silicon cells, on the other hand, although currently about 8% efficient, are widely thought to be the next big thing in solar cell technology.