Efficiency limits upon photovoltaic energy conversion are re‐evaluated under the new ASTM International G173‐based reference spectra. Peak terrestrial efficiency for a single‐junction device increases to 33.8% under the new air mass 1.5G spectrum, whereas overall and time‐symmetric limits increase to 74.0% and 68.0%, respectively.
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Martin A. Green (2011) studied this question.
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