Solar Photovoltaic Power Generation Research Plan: Tackling Efficiency Challenges with Next-Gen Solutions
Solar photovoltaic (PV) power generation capacity grew 34% year-over-year in 2024, yet only 22% of installed systems meet efficiency benchmarks set by the Paris Climate Accord . The gap between theoretical potential (up to 33% cell efficiency) and real-world performance (15-20% average) costs the global economy $7.2 billion annually in lost energy production.
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