Thermodynamic limits of solar cells with non-ideal optical response

The Shockley-Queisser (S-Q) theory defines the thermodynamic upper limits for Jsc, Voc, FF, and efficiency of a solar cell. The classical calculation assumes an abrupt onset of absorption at the band-edge, perfect absorption for all energies above the bandgap, and absence of non-radiative recombination. These assumptions are never satisfied for any practical solar cell. In this paper, we explain how the S-Q limits are redefined in the presence of the non-ideal optical effects, and we provide closed-form analytical expressions for the new limits for Jsc, Voc, and FF. Remarkably, these new limits can be achieved to a very high degree, even with significantly imperfect materials.