A lossless solar cell operating at the Shockley-Queisser (S-Q) limit generates an open-circuit voltage (VOC) equal to the radiative limit. At VOC, the highly directional beam of photons from the sun is absorbed and subsequently externally reemitted into a 4πsolid angle, providing a large photon entropy loss. In our research we study the performance of a nanowire solar cell that can beat the S-Q limit and approach the 46.7% ultimate limit by placing a plano-convex lens on top of each nanowire. We have shown numerically that a 2 μm long InP tapered nanowire with the top radius of 83 nm and a tapering angle of 1.2 degrees shows a high photon escape probability of 42% due to an adiabatic expansion of the fundamental HE11 mode which is then coll...