In order to make existing solar cells become more efficient due to greater energy generated with the same cost. A new U.S. based company HyperSolar is now developing a new way to magnifying solar cell layers using the science of photonics to improve the efficiency of solar cells.
According to the company, the breakthrough technology uses HyperSolar thin Magnifying film can improve the efficiency of a solar cell to 300 percent. This technology can be described as a microchip that moves the individual bits of data around at HyperSpeed. Using HyperSolar’s thin magnifying film for the separation of a specific light spectrum, allowing a large increase in the efficiency of an array of PV solar cells.
In calculating the cost of installation of solar arrays using this technology will be able to cut up to half the cost of installation. This is due to chance for quick return and cheaper of upfront investment. This technology is expected to improve the deficiencies which is owned by a crystalline silicon PV cells, such as high cost and required a significant concentrations of PV cells.
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It's at a very early stage: "We are currently in the developmental stage working hard on a demonstration prototype." -- http://www.hypersolar.com/about_faq.html
300% efficiency??? Hmmmm....
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