[1] The University of South Wales’ solar research team have come up with a unique solar tower technology with the capability of the highest efficiency for a PV system ever reported.
[2] The project’s outstanding efficiency of 40.1 percent record is the university’s best accomplishment in the research.
[3] Aside from ARENA as a partner, the research is also assisted by the Australia-US Institute for Advanced Photovoltaics (AUSIAPV).
Source: http://cleantechnica.com/2014/12/10/australian-team-sets-new-solar-pv-efficiency-record/