In a world first, Perth engineering company Sunvertec has developed an AC optimser that is installed on each solar PV panel (like a microinverter). Sunvertec AC optimisers have broken the 99% efficiency barrier and now set its goal towards breaking the cost barrier of US$0.10/W before 2020. These records can be achieved because, unlike microinverters, each AC optimiser unit generates just a portion of the total AC waveform.