CWE carnegie wave energy limited

Huge leap in solar cell efficiency

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    "The striking part of the new record is that it is so far ahead of previous achievements – 34.5 per cent instead of 24 per cent – and is edging closer to the theoretical limits of sunlight to electricity conversion – and more than three decades before recent predictions.

    It also sets the scene for another step change in the cost of solar – which is already falling below 3c/kWh in recent contracts, and is set to become unbeatable in terms of levellised cost of energy across all energy sources. Future modules will be smaller, more powerful, and will provide cheaper power."

    http://reneweconomy.com.au/2016/unsw-solar-team-achieves-huge-leap-in-solar-cell-efficiency-29541

    Buying into solar was a great move on CWEs part it would seem.
 
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