I'm no scientist, but would there be a way to combine this with solar panels to also produce electricity? It seems the goals are counter to one another, but it would really be amazing to accomplish both with one panel.
Or, I suppose you could park a Stirling engine on it and generate power from the thermal gradient it must be producing.
This same group is also trying to solve a related problem, which is how to keep solar panels cool, since they are less efficient when they heat up. They have designed coatings that are transparent to sunlight and dump heat to space ( http://www.opticsinfobase.org/optica/fulltext.cfm?uri=optica... )
That said, the material is specified to have a cooling capacity of ~40Wm^-2. You normally assume something like ~800-1000Wm^-2 for incident solar radiation, so I'm not sure how economical using something like this with a solar array would be.
Really cool though.