I would not hold your breath for the typical consumer panel to improve much beyond 20%-25% any time soon sadly.
It does generate a lot of hopeful breathless articles which rubs me the wrong way. It is important to stay realistic in the search for solutions.
Solar is already great and cheap and there are lot more wins possible in the actual deployment as most of the cost is now overheads, bureaucracy, labour, 'etc.
If a person came by my house and said, "Yo, I can do an installation!". Those panels are like running on a 10 year old or greater design and process.
If they’re hitting 25% are we close to that limit?
It’s so easy to forget this and the massive scale and its relevance at the massive scale of the systems we need to (and are, to some extent) roll out. It also seems promising when these breakthroughs are happening in R&D groups of industry players trying to dogfood it rather than in labs.
At the same time though, it’s starting to feel to me, to some extent, like we have kind of solved solar? It’s everything else around it that needs to advance, particularly grid infra, batteries and electrifying the general class of difficult-to-electrify problems (steel, concrete, freight). I might be totally off-base and blinkered with that assessment.
Edit: I guess I should try to clarify my feeling after reading some of the responses below: it feels like solar tech is not really the limiting factor in renewable scaling, and that advances in solar efficiencies won’t drastically/meaningfully simplify the other challenges/limiting factors we currently face (grid infra/batteries, electrification of mfg, duck curve, etc). Children point out that space and cost savings from efficiency gains in solar may still be significant at grid scale though! Still, this is very cool progress to read about!