According to a one-minute report on the local TV news a few minutes ago (which almost exceeded the talking-head's attention span and my short-term memory), a Stanford University researcher announced at an East Coast meeting today that they had found a way to triple the efficiency of normal solar panels. They say they have developed a nano-coating that can be installed over the panels to vastly increase its efficiency.
A 300% efficiency increase, by just by placing a micro-thin coating over the panels, seems almost too good to be true though. I hope it all pans out in the real world. I'll bet Stanford hopes so too. They no doubt stand to make a ton of money licensing this technology if it works as advertised.
This sort of solar energy efficiency increase could potentially go a long way toward getting homes and some businesses off the "grid" and help much of the World reduce its consumption of oil, gas and coal.