Photosynthesis in plants is dependent upon capturing light energy in the pigment chlorophyll, and in particular chlorophyll a. This chlorophyll resides mostly in the chloroplasts and gives leaves their green color. The range of light absorption in leaves is extended by some accessory pigments such as the carotenoids, but does not cover the entire visible range - that would make the leaves black!
Some plants and plantlike organisms have developed other pigments to compensate for low light or poor use of light. Cyanobacteria and red algae have phycocyanin and allophycocyanin as accessory pigments to absorb orange light. They also have a red pigment called phycoerythrin that absorbs green light and extends the range of photosynthesis. The red pigment lycopene is found in vegetables. Some red algae are in fact nearly black, so that increases their photosynthetic efficiency. Brown algae have the pigment fucoxanthin in addition to chlorophyll to widen their absorption range. These red and brown algae grow to depths around 270 meters where the light is less than 1% of surface light.
But the most advanced plants are the land plants, which have the least advanced system for gathering light!
Light Absorption for Photosynthesis
Rate of Photosynthesis
The measured rate of photosynthesis as a function of absorbed wavelength correlates well with the absorption frequencies of chlorophyll a, but makes it evident that there are some other contributors to the absorption.
Observed Photosynthetic Output
The plot of the absorption spectra of the chlorophylls plus beta carotene correlates well with the observed photosynthetic output. The measure of photochemical efficiency is made by meauring the amount of oxygen produced by leaves following exposure to various wavelengths.
It looks like chlorophyll takes the part of the spectrum that bacteriorhodopsin doesn't take. Bacteriorhodopsin is a purple pigment that resembles the light-sensitive pigment in our eyes.
Current understanding is that the earliest photosynthetic organisms were aquatic bacteria, some of which are still around today. One of these, halobacterium halobium, grows in extremely salty water. It makes use of the bacteriorhodopsin pigment. The chlorophyll system developed to use the available light, as if it developed in strata below the purple bacteria and had to use what it could get.
But what about the development of land plants? Why did they stay green? The thoughts are that they had plenty of light and were not pressured to develop more efficient light gathering. That is, the light was not the limiting resource in photosynthesis for plants.
The energy derived from light absorption is used in particular pathways to achieve the final result of synthesis of sugars. Since the pathways are known, a theoretical maximum efficiency can be calculated. It is known that a total of 8 photons of light must be absorbed to reduce two molecules of NADP+. Operating in the Calvin cycle, the resulting two molecules of NADPH can produce one hexose molecule. The photon energy of a median energy photon at 600nm is 2.07 eV, and for 8 moles of such photons the energy absorbed is
(8 moles)(6.022 x 1023/mole)(2.07 eV)(1.6x10-19J/eV)/(4184 J/Kcal) = 381 Kcal
It takes 114 Kcal to reduce one mole of CO2 to hexose, so the theoretical efficiency is 114/381 or 30%. Remarkably, Moore, et al. report that 25% has been achieved under laboratory conditions. The top efficiency they reported under natural growing conditions was the winter-evening primrose growing in Death Valley at 8% (if you can call Death Valley natural conditions!). Sugarcane has registered 7% , which is very important for a food crop. Sugarcane is a C4 plant, and under high sunlight conditions they will usually outperform C3 plants and others.
The intensively cultivated agricultural plants average about 3% in photosynthetic efficiency, and most crops range from 1-4%. This is also typical of algae.