By the sound of it, this new creation would be more efficient, either in price, electricity generation, or both, than traditional solar panels - if that wasn't the case, why on earth would any project use them in third world countries, when they could instead use solar panels.
So, based on those two facts, surely anyone who would be using solar panels ought to look to be using this product in the next few years? (And, depending on how much better than traditional solar panels it is, possibly more people/companies would want to use it than are willing to use solar power right now.)
Does no one follow energy news, except for oil prices and the Polywell project?! :-)
Many estimates talk about soon reaching "grid parity" in large parts of the world. If this leaf isn't good enough, there will be some other solar variant soon.
http://en.wikipedia.org/wiki/Grid_parity
It seems to go faster than this prediction from 2009: http://news.bbc.co.uk/2/hi/8386460.stm
(Kurzweil argued in 2008 that solar energy will take over http://www.livescience.com/4824-solar-power-rule-20-years-fu... )
Instead, regular power becomes more expensive, which makes building solar power also more expensive, and the net result is a wash.
http://www.mnforsustain.org/windpower_schleede_costs_of_elec...
I believe the energy costs are now competitive (but wind still cannot serve as "base" power), but my yet-unresearched hunch is that solar is still at the same stage that wind was: only viable due to the massive tax breaks.
Got a citation for that? I'd be interested to learn more.
Subsidy and vanity explain a lot of economic activity.
Plus, energy costs are not very uniform. It's much easier/cheaper to get power to the next house in a suburb than it is to get power to a freeway sign 10 miles from the nearest town. That's why solar is cost effective in some situations even when it doesn't make sense in general.
Edit: Apparently I made a mistake. See the correction, which I was the first to upvote.
The device appears to use water->hydrogen as an energy storage mechanism, to solve (at some efficiency cost) the issue of energy demand generally being out of sync with the supply from the sun. You put energy in to convert water into hydrogen+oxygen, and then you can get that energy back out by converting it back into water.
In the case of water, 2 H20 -> 2 H2 + O2 is endothermic, but reactions do not have to be endothermic, or else chemistry would be very boring and cold.
Well, that's an interesting UI idea...