If that is 40% efficient as in 40% of the theoretical energy input comes out as electricity then it's quite incredible but I find that hard to believe. It would put it in the same range as diesel engines.
I read this all as: "this is a POC we have, and if we can get it to 40% efficiency than it might make sense (otherwise who cares, just use a conventional generator)"
When you reform the electrons via this engine and the photovoltaic cell you have your second wire.
And we don't have to burn stuff. Which is why coal and gas powered electricity generation is a bit under pressure in most markets. There are cheaper and better ways to get energy now.