Scientists at The Australian National University (ANU) have produced a more efficient type of solar cell, using laser processing and setting a new world record in the process.
The solar cells are dual sided, meaning both the front and back of the cell generate power.
Principal Investigator Dr Kean Chern Fong said the so called bifacial solar cells easily beat the performance of single sided silicon solar cells.
"We have developed what I would call a true bifacial solar cell, as it has nearly symmetrical power generation capacity on both surfaces of the device," Dr Fong said.
"When deployed on a conventional solar farm, a bifacial cell absorbs direct incoming light, while also taking advantage of ground reflection, which can contribute up to additional 30 per cent power generation.
"Bifacial solar cells are becoming increasingly important in the roll out of solar farms and are expected to have a market share of over 50 per cent in the next five years.
"Our work demonstrates the incredible capabilities of this technology."