Factors Affecting Conversion EfficiencyDetermining Conversion EfficiencyAdditional InformationNot all of the sunlight that reaches a PV cell is converted into electricity. In fact, most of it is lost. Multiple factors in solar cell design play roles in limiting a cell''s ability to convert the sunlight it receives. Designing with these factors in mind is how higher efficiencies can be achieved. 1. Wavelength—Light is composed of photons—or p...See more on energy.gov
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Solar-cell efficiency - Wikipedia
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The factors affecting energy conversion efficiency were expounded in a landmark paper by William Shockley and Hans Queisser in 1961. See Shockley–Queisser limit for more detail. If one has a source of heat at temperature Ts and cooler heat sink at temperature Tc, the maximum theoretically possible value for the ratio of work (or electric power) obt