People spend a large part of the day inside a building for different purposes, e.g. living, working, and shopping. Lighting is one of the largest categories of end-use energy consumption in the commercial sector. In 2014, the Department of Energy reported that approximately 40% of total U.S. energy was consumed in residential and commercial buildings and costing $50 billion each year. Commercial buildings account for over 70% of U.S. electricity use and lighting accounts for approximately 30% of the building use. Traditional approaches have implemented passive or active efficient energy strategies, like electronic ballasts, LED technologies, compact fluorescent lamps, occupancy sensors, and common light bulb standards. One problem is that each of these technologies require a power supply or battery. Another problem is all of these have a lifetime and a replacement cost. To address these challenges, researchers at the University of California, Berkeley, have demonstrated a smart dynamic panel system for capturing and channeling daylight without gains and/or losses of heat and without compromising the structure of the building. The designed translucent panel for building envelopes (i.e. facades and/or roof) is a modular element that can be used as the primary physical separator between the conditioned and unconditioned environment, or can also be used in specific parts of the designed building, or can be used in retrofitting existing buildings. The prototype panel has validated many useful aspects of the innovation including observations that report improvements of around 150-300% in the maximum light that is transmitted with light concentrators and modified optical fiber tips compared to a translucent panel with only embedded optical fibers with flat tips. From the analysis of operational energy, the panel is also shown to reduce the total energy consumption (heating, cooling, lighting, and fans) by 36%, which in turn curtails CO2 emissions by 34%.