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A near 100pct renewable grid for Australia is feasible and affordable, with just a few hours of storage
(reneweconomy.com.au)
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Hi mate, I think you misunderstood me.
It captures 30% of energy as PV and 60% as heat energy. The whole system itself is about 80% efficiency in terms of the energy captured from the sun, not the PV itself.
This makes it more effective than if you somehow had a molten salt and a normal PV plant in superposition on the same site.
i haven't been able to find the actual insolation to electricity efficiency anywhere. Do you have a link that shows the incoming energy to output electricity?
Here: https://arena.gov.au/assets/2021/05/raygen-commercial-assessment-report.pdf
Page 7.