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New solar energy conversion process could double solar efficiency of solar cells
A new process that simultaneously combines the light and heat of solar radiation to generate electricity could offer more than double the efficiency of existing solar cell technology, say the engineers who discovered it and proved that it works. The process, called 'photon enhanced thermionic emission," or PETE, could reduce the costs of solar energy production enough for it to compete with oil as an energy source.
Source: ScienceDaily