As a whole, no, thin-film photovoltaics are less efficient than regular cells (crystalline SI cells or multi-junction concentrators). The upper end of efficiency for thin-film solar panels reaches to 20.3% efficient, while the upper end for crystalline SI cells and multi-junction concentrators reaches 43.5% and 27.3%, respectively. The average efficiency for a thin-film solar panel is 16.7%. Thin-film solar technology is being touted as the cutting edge in solar technology, so the cells will, in all likelihood, continue to become more efficient.
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