We’ve reported a lot this year on the ever-dropping price of solar power technology, but the other incredibly cool thing happening is the steady increase in efficiency. This combination of lower price and higher energy conversion is securing solar power’s top spot in the renewable energy race. Now, Panasonic says its next solar panels will snag a record-breaking 22.5 percent efficiency rating, busting SolarCity’s reign by 1.4 percent. That may not sound like much, but in the world of solar power, it’s a substantial jump.
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