“Photochemical upconversion” could allow conventional solar cells to break 40% efficiency

While the overall efficiency of conventional silicon solar cells has continued to improve in recent years, the technology faces a natural theoretical limit at around 33%. This is because the laws of physics prevent the cells from absorbing photons below a certain energy level, meaning that this low-energy light cannot be converted into electricity is simply lost. Now researchers have found a way join two energy-poor red photons to form a single energy-rich yellow photon, allowing the harvesting of this part of the spectrum currently unused by single p-n junction crystalline silicon solar cells, and potentially enabling a record-breaking efficiency of 40%.

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