Professor Reeves has been successfully looking at the properties of indium nitride and zinc-oxide that have the potential to significantly improve the efficiency of optoelectronic devices.
“Silicon solar cells are used to convert sunlight into electricity but can only achieve a maximum efficiency of around 35 per cent because they treat all wavelengths of sunlight equally – the high energy blue sunlight is treated the same as the lower energy red light. By being cleverer about the way the solar cell is constructed it becomes possible to get close to 100 per cent efficiency – but that requires the development of new semiconductor materials.”
“To see why this may be important we only need to look at the transformation of traffic lights. Five years ago a green traffic light consisted of a white light behind a green piece of glass. Most of the energy of the lamp was lost. Today we see traffic lights made of an array of green or yellow or red light-emitting diodes (LEDs). These LEDs are designed to emit light of only the colour wanted and thus there is very little energy wasted.”
http://www.comsdev.canterbury.ac.nz/news/2007/071109a.shtml