"These solar cells are used in concentrator photovoltaics (CPV), a technology which achieves more than twice the efficiency of conventional PV power plants in sun-rich locations. The terrestrial use of so-called III-V multi-junction solar cells, which originally came from space technology, has prevailed to realize highest efficiencies for the conversion of sunlight to electricity. In this multi-junction solar cell, several cells made out of different III-V semiconductor materials are stacked on top of each other. The single subcells absorb different wavelength ranges of the solar spectrum."
If that isn't a reason to be investing in Space, I don't know what is.
"This world record increasing our efficiency level by more than 1 point in less than 4 months..."
I think we may start to see Moore's Law starting to be applied to Solar Cells. Which actually reminds of a chart on the waves of innovation[1] on the Stanford Tech Entrepreneurship course where we are now seeing the tail of IT and computing and beginning of renewable technologies. The same thing can be said about energy density of batteries(According to Tesla batteries).
If that isn't a reason to be investing in Space, I don't know what is.
"This world record increasing our efficiency level by more than 1 point in less than 4 months..."
I think we may start to see Moore's Law starting to be applied to Solar Cells. Which actually reminds of a chart on the waves of innovation[1] on the Stanford Tech Entrepreneurship course where we are now seeing the tail of IT and computing and beginning of renewable technologies. The same thing can be said about energy density of batteries(According to Tesla batteries).
[1] Page 5 https://d2d6mu5qcvgbk5.cloudfront.net/documents/original/69b...