Truthfully, I have no idea on some of the technical jargons behind this press statement from Mitsubishi Electric but it seems important enough to warrant its own post.
According to the company, it was able to develop multi-crystalline silicon photovoltaic cells with the world's highest conversion efficiency rate of 18.9% - meaning it is the fastest solar cell to be able to convert solar light energy to electrical energy directly (I think that's what it means).
Mitsubishi plans to mass-produced their multi-crystal silicon PV cell technology in PV modules around fiscal 2011 (April 1, 2010-March 31, 2011).
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