• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
solar power

This may be the future of solar power

By
Ben Geier
Down Arrow Button Icon
By
Ben Geier
Down Arrow Button Icon
May 18, 2015, 11:36 AM ET
Aerial Views Of A Geoguem Solar Park Co. Power Plant
Solar panels stand at the Geogeum Solar Park Co. solar plant in this aerial photograph taken above Geogeum Island in Goheung, South Korea, on Friday, May 8, 2015. Global solar installations this year may exceed 60 gigawatts and surpass 68 gigawatts next year, according data compiled by Bloomberg New Energy Finance. Photographer: SeongJoon Cho/Bloomberg via Getty ImagesPhotograph by SeongJoon Cho — Bloomberg via Getty Images

A company in Sweden is claiming to have designed a system that can convert 34% of sunlight into solar energy, potentially changing the future of solar power.

Ripasso, the company behind the development, is currently testing the product in South Africa’s Kalahari desert. The 34% power conversion is around double that of normal solar panels, reports The Guardian.

Though the product is new, the idea is actually pretty old. The Guardian notes the idea for the technology was actually developed in the 1800s by a Scottish engineer and clergyman.

About the Author
By Ben Geier
See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Most Popular

placeholder alt text
Success
Marriott’s CEO spoke out about DEI. The next day, he had 40,000 emails from his associates
By Ashley LutzJanuary 1, 2026
1 day ago
placeholder alt text
Success
Melinda French Gates got her start at Microsoft because an IBM hiring manager told her to turn down its job offer—'It dumbfounded me'
By Emma BurleighDecember 31, 2025
2 days ago
placeholder alt text
Politics
Buddhist monks peace-walking from Texas to DC persist even after being run over on highway outside Houston
By The Associated PressDecember 30, 2025
3 days ago
placeholder alt text
Startups & Venture
Trump Mobile says its first-ever smartphone is delayed, and the government shutdown is to blame
By Dave SmithDecember 31, 2025
2 days ago
placeholder alt text
Success
Red Lobster’s 36-year-old CEO led the company after bankruptcy. Now he’s plotting the 'greatest comeback in the history of the restaurant industry'
By Sydney LakeJanuary 2, 2026
7 hours ago
placeholder alt text
Health
Lay's drastically rebrands after disturbing finding: 42% of consumers didn't know their chips were made out of potatoes
By Matty Merritt and Morning BrewDecember 31, 2025
2 days ago

Latest in

Man wearing a black suit with a microphone
InvestingMicrostrategy
Michael Saylor’s Strategy flirts again with the danger threshold at which his company is worth less than his Bitcoin
By Jim EdwardsJanuary 2, 2026
3 hours ago
Musk
Travel & LeisureElectric vehicles
Tesla is officially smaller than China’s BYD in EV sales as it reports second-straight year of falling sales
By Nick LichtenbergJanuary 2, 2026
3 hours ago
6-7
North Americalanguage
Michigan college survey says ‘6-7’ is lowkey cooked, put in on the ‘Banished Words List’
By Corey Williams and The Associated PressJanuary 2, 2026
4 hours ago
blondie
Lawintellectual property
Betty Boop and Blondie join Mickey Mouse and Winnie the Pooh in the public domain
By Andrew Dalton and The Associated PressJanuary 2, 2026
4 hours ago
disney
LawTheme parks
Runaway boulder on Indiana Jones set rolls over Disney World worker
By The Associated PressJanuary 2, 2026
4 hours ago
Trump
Economyfarming
Farmers see a ‘Band-Aid on a deep wound’ as White House reveals the size of their soybean tariff bailout
By Josh Funk, Didi Tang and The Associated PressJanuary 2, 2026
4 hours ago