100% is the panels rated MPP current. The next figure is the percent increase in power over direct connect using a power point controller. Panel are current sources. At 100% current, both methods produce the same power.
EXAMPLE: if a panel/array is rated at 60V 9A the panel produces 40W. The ideal resistance is 60/9 = 6.6 0hms. That is approximately two 4500W 240V elements in parallel.
When the panel only produces 4.5A the power of the panel/array, the power will be 4.5A X 60 = 270W with a power point controller.
Direct connect will be 4.5 X 6.67 ohms = 30V or half the voltage because the panel is a current source. 30V X 4.5A = 135W. A power point controller produces 100% more power than direct connect. At lower currents the increase is even more, but these are lower power levels.
This is the reason having 2X the ideal resistance produces more average daily power in those areas that have more clouds.
It sounds simple, run just one element till 50% current is reached. That will produce more power. A current relay can sense half current and only switch in a second element at 50% current. Immediately when you do that, the power will drop in half. Overall it will produce a little more power. You just can't switch in at 60 or 70% because the panel won't produce that much voltage. Over 50% current has to have at least three more stages. Suddenly you have a lot of hardware to deal with. A simple PWM proportional system is much simpler.