A wide variety of photovoltaic cell technologies have shown dramatic performance improvements over the past decade, yet the prospect of a practical module capable of 50% efficiency remains remote. Experimentally achieved singlecell devices have achieved a record efficiency of 28.8% [1], which is close to the theoretical limit of 33.8% for such devices [2]. However, the single-cell limit is far below the fundamental efficiency limit for solar energy conversion of 74.0% for global illumination and 92.8% for direct [2] because a single pn junction can only efficiently convert photons with energy close to the value of its energy bandgap. The best single junction cell will lose more than 40% of the energy in the incident light to transmission of subbandgap photons and thermalization of carriers with photon energy in excess of the bandgap [3]. Spectrum splitting, which divides the solar spectrum into spectral bands of different energy and directs the bands onto multiple subcells with bandgap values matched to the energy of their photon allocation, is a necessary feature of any photovoltaic design capable of achieving >33.8% efficiency. The use of multiple subcells to increase conversion efficiency is well known. In these designs, the subcells are grown monolithically in a stacked configuration and are electrically in series. The incident spectrum is divided among the subcells by sequential absorption, with the top subcells absorbing and converting high energy photons