CR1625 battery.LG successfully developed the world's most efficient solar energy storage battery with an efficiency of 20.6%

LG Electronics, South Korea's largest technology company, announced on the 9th that the company has successfully developed a high-efficiency solar cell, which can be called the most efficient solar cell in the world.

According to the Solar Photovoltaic Network, South Korea's largest technology company LG Electronics announced on the 9th that the company has successfully developed a high-efficiency solar cell, which can be called the most efficient solar cell in the world.

It is understood that the solar cells developed by LG use 156X156 monocrystalline silicon wafer materials and have successfully increased the efficiency of solar cells to an average of 20.6% and a maximum of 20.7%. This far exceeds the previous solar cell conversion efficiency of 19%.

An official from LG Electronics said that the successful development of this product shows that the company has world-class technology in the field of solar cells. We will continue to develop new products that lead the market through research and development.

Currently, countries around the world are aware of the importance of the solar cell business. Last year, South Korea’s Ministry of Knowledge Economy announced that the government and private sector would invest US$648 million in five R&D projects. One such project is solar cells. A team composed of LG, Samsung and others will jointly develop a new generation of solar cells. In fact, LG and Samsung have different technical fields in solar cell research. LG is based on silicon materials, while Samsung's technology is based on materials such as copper.