SunPower Corp., a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, announced today that it has produced a world-record, full-sized solar panel with a 20.4 percent total area efficiency. The prototype was successfully developed using funds provided by the U.S. Department of Energy (DOE) under its Solar America Initiative (SAI), which was awarded to SunPower approximately two years ago.

The new 96-cell, 333-watt solar panel is comprised of SunPower's third generation solar cell technology that offers a minimum cell efficiency of 23 percent. In addition, the larger area cells are cut from a 165 mm diameter ingot and include an anti-reflective coating for maximum power generation. With a total panel area of 1.6 square meters, including the frame, SunPower's 20.4 percent panel achieved the highest efficiency rating of a full sized solar panel and this rating was confirmed by the National Renewable Energy Lab (NREL), an independent testing facility.

SunPower expects to make the 20.4 percent efficiency solar panel commercially available within the next 24 months. The company plans to begin operating a U.S. panel manufacturing facility in 2010 using automated equipment designed and commercialized with SAI funding.