Comparing photosynthetic and photovoltaic efficiencies is not a simple issue.
This is comparable with photosynthetic efficiency, where light-to-chemical-energy conversion is measured.
This might be expected to improve the photosynthetic efficiency of crop plants although possible negative impacts have yet to be studied.
The value of the photosynthetic efficiency is dependent on how light energy is defined.
This dramatically reduces average achieved photosynthetic efficiency in fields compared to peak laboratory results.
Nevertheless, the light response curves that the class produces do allow comparisons in photosynthetic efficiency between plants.
Total photosynthetic efficiency would include more than just the biodiesel oil, so this 0.3% number is something of a lower bound.
These plants are economically important in part because of their relatively high photosynthetic efficiencies compared to many other crops.
In agriculture, to represent the "photosynthetic efficiency" of a particular plant or crop.
Plants usually convert light into chemical energy with a photosynthetic efficiency of 3-6%.