Composition and functionality of perovskite solar cells Perovskites are versatile materials known for their exceptional compositional flexibility, making them suitable for various high-tech applications beyond solar cells, such as memory chips and ultrasound machines.
GCL Group Holdings, a major Chinese solar materials maker, has begun building Suzhou’s world’s largest perovskite solar cell factory. Swift Solar plans to establish a factory in the US within two to three years to manufacture thin-film solar using perovskite tandem photovoltaics.
However, while silicon solar cells are robust with 25-30 years of lifespans and minimal degradation (about 0.8% annually), perovskite solar cells face long-term efficiency and power output challenges. Hurdles of widespread perovskite solar cell adoption
Industry Insight from Reuters Events, a part of Thomson Reuters. Perovskite developers are bringing rapid efficiency improvements and tandem concepts into the commercial space, boosted by rising solar targets and new funding mechanisms.
February 2 - A rapid expansion of solar capacity in the coming years will help launch commercial perovskite solar technologies. The U.S. and Europe are expanding solar manufacturing capacity to meet ambitious renewable energy targets and bolster energy security.
Andries Wantenaar, a solar analyst at Rethink Energy, explains why he sees a bright future for perovskite PV cells, with technological advancements and major R&D investment paving the way for revolutionary change. From pv magazine 10/23