Enlarge (credit: audioundwerbung) In most industrialized countries, solar panels account for only a quarter to a third of the overall cost of building a solar farm. All the other expenses—additional hardware, financing, installation, permitting, etc—make up the bulk of the cost. To make the most of all these other costs, it makes sense to pay a bit more to install efficient panels that convert more of the incoming light into electricity. Unfortunately, the cutting edge of silicon panels is already at about 25 percent efficiency, and there's no way to push the material past 29 percent.