24%. The efficiency of solar PV power generation is linked to many factors, including the solar cell materials used, module design and manufacturing processes, and environmental conditions. Currently, monocrystalline silicon solar cells are the most efficient type in commercial applications, and their conversion efficiency can reach about 24%.
16%. Solar thermal power generation ranges from 78% optical efficiency, 60% photothermal efficiency, 30% heat loss and turbine efficiency, meaning the final plant efficiency electric is 16%. Solar thermal power generation refers to the use of large-scale arrays of parabolic or dish-shaped mirrors to collect solar thermal energy, supply steam via heat exchange devices, and combine it with ofs traditional steam turbine generator processes to achieve the goal of electricity generation.