Solar Junction announced that its multi-junction solar energy cells have set a new world record for energy efficiency of a commercial-ready production solar cell. The company advised that the National Renewable Energy Laboratory (NREL) verified that the power conversion efficiency of its cells measured 44% at 947 suns, beating its own previous 43.5% at 418 suns record.

"Breaking our own world record cements Solar Junction as an innovator and leader in the multi-junction cell space," said Vijit Sabnis, VP Technology at Solar Junction. "We continue to push technological boundaries to further drive CPV costs down."