Silicon's 1.1 eV bandgap is (almost) optimal
The Sun radiates as a roughly 5778 K blackbody, delivering a solar constant of 1361 W/m² at the top of the atmosphere and about 1000 W/m² at the surface after passing through 1.5 atmospheres of air (the AM1.5 reference spectrum). A photon's energy is E = hc/λ: green light (550 nm) carries 2.3 eV, red light (700 nm) carries 1.77 eV, and roughly 52% of solar energy arrives at wavelengths longer than 700 nm, down in the infrared. Silicon's bandgap of E_g = 1.12 eV sits close to the sweet spot: photons with wavelength below ~1100 nm are absorbed and generate an electron-hole pair, while longer-wavelength photons simply pass through the crystal unabsorbed.
Photon absorption and the p-n junction
A photon with energy above the bandgap promotes an electron from the valence band to the conduction band, leaving a hole behind. How deep that absorption happens depends on the absorption coefficient α in the Beer-Lambert law I(x) = I₀·exp(−αx): silicon at 600 nm absorbs 90% of light within about 230 μm, but at 900 nm — close to its bandgap — it needs roughly 23 mm, which is why silicon cells rely on light-trapping textured surfaces. A solar cell itself is a large-area p-n junction: an electron-rich, phosphorus-doped n-type layer sits over a hole-rich, boron-doped p-type base. Diffusion across the junction leaves behind a depletion region roughly 0.5-1 μm wide and a built-in potential of about 0.6-0.7 V for silicon. When light generates an electron-hole pair near this junction, the built-in field sweeps electrons to the n-side and holes to the p-side — producing current with no external voltage applied.
I-V curve, fill factor and real-world efficiency
A cell under illumination follows the ideal diode equation, sweeping from short-circuit current I_sc down to open-circuit voltage V_oc. The fraction of that rectangle actually captured at the maximum power point is the fill factor, typically 0.75-0.85 for a good silicon cell.
I = I_L − I₀(exp(qV/nk_BT) − 1) FF = P_max / (I_sc · V_oc) η = (I_sc · V_oc · FF) / (1000 W/m² · A_cell) Commercial silicon: η = 19–23% Lab record silicon: η = 29.4% (LONGi, HJT, 2023) Temperature coefficient: dη/dT ≈ −0.4%/°C — a 70°C rooftop panel loses ~20% of its 25°C-rated efficiency
The Shockley-Queisser limit — a thermodynamic ceiling
In 1961 Shockley and Queisser derived the maximum possible efficiency of a single-junction cell under the AM1.5 spectrum: about 33%. This is not an engineering shortfall to be fixed with better manufacturing — it is thermodynamic, built from three unavoidable losses: roughly 23% of solar energy sits below the bandgap and is never absorbed; about 33% is lost to thermalisation, where photons far above the bandgap dump their excess energy as heat; and around 11% is lost to radiative recombination, which detailed balance requires and which caps V_oc. The optimal single-junction bandgap sits between 1.1 and 1.4 eV — silicon (1.12 eV) and gallium arsenide (1.42 eV) both land near the 33% ceiling, while germanium (0.67 eV) tops out around 23% because thermalisation dominates, and wide-gap GaN (3.4 eV) tops out near 15% because sub-bandgap loss dominates.
Multi-junction cells: stacking bandgaps to beat the limit
Stacking several p-n junctions of different bandgaps in series lets each subcell absorb the part of the spectrum it handles best. A triple-junction stack of InGaP (1.85 eV, absorbs UV/blue), GaAs (1.42 eV, absorbs visible) and germanium (0.67 eV, absorbs near-infrared) pushes the theoretical limit for three junctions to 63.8% under full concentration, with the limit rising toward 86.8% as junction count grows toward infinity. Real records already exceed single-junction physics: a two-junction GaAs/Si stack reaches 35.9%, and a three-junction III-V cell reaches 47.6% under 665x concentration. The trade-offs are lattice matching between layers, current matching in series (the stack is limited by its weakest subcell), and roughly 100x higher cost per area for epitaxial III-V growth than plain silicon — though perovskite/silicon tandems, which reached 33.9% in 2023, are narrowing that cost gap.
Economics: LCOE and the cost revolution
Levelised cost of energy (LCOE) — total lifetime cost divided by total lifetime energy produced — has fallen roughly 90% per decade since 1980, from about $20 per watt then to near $0.10 per watt in 2025, dragging utility-scale solar LCOE down from roughly $300/MWh in 2000 to $15-25/MWh at the best sites today. That makes solar the cheapest source of electricity in history at good locations. The trend is known as Swanson's Law: roughly a 20% cost reduction for every doubling of cumulative production, the solar-manufacturing equivalent of Moore's Law.
Frequently asked questions
What is the Shockley-Queisser limit and why is it 33%?
The Shockley-Queisser limit, derived in 1961, is the maximum possible efficiency of a single-junction solar cell under the standard AM1.5 solar spectrum: about 33% for an optimal bandgap. It is a thermodynamic ceiling, not an engineering shortfall, arising from three unavoidable losses: roughly 23% of solar energy is in sub-bandgap photons that pass straight through, about 33% is thermalisation loss where high-energy photons dump their excess energy as heat, and around 11% is lost to radiative recombination required by detailed balance.
Why does a solar panel's output drop when it gets hot?
Silicon solar cell efficiency falls by roughly 0.4% relative per degree Celsius above the standard 25°C test temperature, because higher temperature raises the dark saturation current and lowers the open-circuit voltage. A typical rooftop panel running at 70°C on a hot day can lose around 20% of its rated efficiency compared with its datasheet rating, which is why concentrator photovoltaic systems actively cool their cells.
How has the cost of solar power changed over time?
Solar module costs have fallen roughly 90% per decade since 1980: from about $20 per watt in 1980 to around $4.50 in 2000, $1.80 in 2010, $0.25 in 2020 and near $0.10 in 2025. Utility-scale solar LCOE has followed the same curve down to $15-25 per megawatt-hour at the best sites, making it the cheapest source of electricity in history at good locations — a trend known as Swanson's Law, roughly a 20% cost reduction per doubling of cumulative production.
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