We have researchers here developing systems that should be able to convert more than 40% of the incoming sunlight to electricity (current panels are ~20% efficient). We are also working with research groups that can generate fuels and chemicals directly form sunlight, or from biomass, hopefully at an efficiency and cost that will replace conventional fossil fuel materials.
The NeON R module features "Back Contact" cell technology delivering an entirely black panel that is aesthetically pleasing and energy efficient. The cell's seamless, surface blends perfectly into nearly all rooftop designs while the module's electrodes are positioned on the rear of the cell. Using LG's N-type cell structure, the panels produce 365W of energy, up to 7.3kWp, compared to 5.8kWp of the p-type cell. The module's new design minimizes LID, thereby delivering a longer lifespan and increased energy output.