The current boom of photovoltaic energy installation is such that even the laboratories of the Science Academy of the Czech Republic have been asked which is the best photovoltaic panel. There is no easy answer for such question. The ideal panel should have the highest efficiency, which should be independent of either temperature or intensity of illumination. In addition, the panel should not degrade, nor should need maintenance and should be the lightest, yet strong and durable. Thus far, nobody has built such panel (and price is not even being considered). Will we see in the future more efficient panels? Not easy with the conventional silicon technology. One thing is to build complex technology by way of a record cell of 1cm2, and another, to mass produce square kilometres of low-cost photovoltaic cells. However, the advent of nanotechnology is bringing new ideas that will lead to increased efficiency of photovoltaic cells. Further research and development, together with mass production, are bound to progressively make photovoltaic panels less expensive. In 10-15 years photovoltaics will be able to directly compete with other forms of electricity production, and the installed capacity will be in the hundreds of gigawatts worldwide.