The average efficiency of solar panels falls between the 17 to 19 percent efficiency range.
High efficiency light solar panels.
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Some solar panels in the market have efficiencies over 20 these are known as high efficiency solar panels.
The highest efficiency solar panels on the market today can reach almost 23 percent efficiency.
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Their panels provide up to 50 better performance in shaded conditions compared to mono and polycrystalline silicon pv panels.
Simply put solar panel efficiency is referred to the ratio of peak power compared to the amount of sunlight that arrives at the solar cells of the module.
If a solar panel has 20 percent efficiency that means it s capable of converting 20 percent of the sunshine hitting it into electricity.