According to the Australian Broadcasting Corporation (ABC), scientists at the University of New South Wales in Australia created a new record for solar panel power generation, with a photoelectric conversion rate of over 40%. Their next goal is to increase the conversion rate to 50% and further reduce the cost of solar energy, an alternative energy source. The University of New South Wales used the "first in the world" to describe the results of this research. Martin Green, a professor at the University of New South Wales, said in a statement: "This is the highest sunlight-to-electricity conversion rate that has been reported so far." Research leader Dr. Mark Koves, solar scientist at the University of New South Wales pointed out: “We are using commercial solar panels, but we are using a completely new approach. In other words, the solar power industry will soon be able to achieve this photoelectric conversion rate and be a beneficiary of this research breakthrough.†In the traditional way of using solar panels to generate electricity, the photoelectric conversion rate is only about 33%. The new technology developed by the University of New South Wales can split sunlight into four different panels. Each panel is optimized to maximize the amount of sunlight it receives, which in turn increases power generation efficiency. This four-way solar panel can be deployed to the center of a mirror field that focuses sunlight. The dedicated filter removes heat that reduces the efficiency of the solar panel's power generation and transfers the heat to panels that can better handle heat. When UNSW stated that it was testing in Sydney, they created a record-breaking conversion rate. At the National Renewable Energy Laboratory in the United States, they successfully replicated. Greene is looking forward to the future of this new technology, thinking that solar panels will eventually be used on residential roofs. The conversion rate of rooftop solar panels is only 15% to 18%. Green said: "The solar panels currently installed on the roof are only a single panel, but they will eventually use multiple panels to increase power generation efficiency." In Germany, scientists created a new record of solar panel power generation efficiency in the laboratory environment, with a conversion rate of 46%. This record was created by scientists at the Fraunhofer Institute for Solar Energy Systems. The panel they use is a multi-junction solar panel made up of multiple layers of semiconductor material. The record-setting battery board is a 4-junction panel. Each sub-panel converts a quarter of the sunlight into electricity, including all colors of light and infrared rays with a wavelength of 300 to 1750 nm. The sun is focused by means of a magnifying glass called "Fresnel lens". The record-setting power generation efficiency was measured under the condition of 508x focusing, and the Japan Advanced Industrial Technology Institute confirmed this conversion rate. The Japan Institute of Advanced Industrial Science and Technology is one of the world's most important independent verification agencies for solar panel performance. The verification work is conducted in a standard test environment. According to Joslin Wasserland, Soitec's vice president of solar panel product development, “This new world record is a source of great pride. Its birth shows that we can realize a 50% conversion rate in the near future.†Soitec Corporation It is a partner of the University of New South Wales scientists. Newstar Hardware is a China Tool Kit maker supplier and manufacturer, offer large range of tool kit OEM and Tool Set kit. Household tool kit, Hand Tool kit, Tool Set Box, tool kit trolley and also tools in bags, including Hand Tools, power tools and Garden Tools. High quality, low price and efficient delivery time. We are professional in tool set kit production and OEM services. Tool Kit Oem,Tool Kit Maker,Oem Tool Kit,Household Tools SUZHOU NEWSTAR HARDWARE CO.,LTD. , https://www.hardwarenewstar.com