A 1.5 m² module has an STC power rating of 240 W. Calculate the efficiency of the module as a percentage
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It basically depends on weather and intensity of radiations, the peak efficiency of a solar panel determine by the surface area of the panel by multiplying the length with width and the surface area is aperture area of the solar panel, therefore the measurement does include the frame. Then find the name plate rating of the panel from the datasheet, the name plate rating at STC (Standard Test Conditions).
This is the standard used to determine how many watts of power are produced in a square meter on earth. (Note: Temperature is always a factor in the output of a solar panel so STC assumes less than 25 degrees C).
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