Perovskite PV is a new solar panel technology that offers some promising advantages over traditional crystalline silicon solar panels.
It can provide high power density similar to silicon PV. Production costs are lower as it is simplified to a roll-to-roll (R2R) or more transformative manufacturing process. Compared to silicon PV Perovskite PV is a more versatile solar technology that can be fabricated on flexible and lightweight substrates to realize various innovative applications. Moreover, it can even be combined with silicon materials to produce perovskite silicon tandem cells that surpass the efficiency of single-junction solar cells.
As recently as 2009, the reported efficiency of perovskite solar cells was around 3.9%. After more than 10 years of development, the efficiency is 6 times higher and has exceeded 25%.
However, commercial introduction of perovskite PV was hampered by concerns about long-term stability. A few intrinsic and extrinsic sources of degradation are not well understood and affect the stability and longevity of perovskite cells.
Technology consulting firm IDTechEx examines the commercialization potential of perovskite PV and identifies remaining challenges in its latest Perovskite PV report: “Perovskite photovoltaics 2023-2033Based on extensive research and first-hand information from major and emerging perovskite PV players, IDTechEx explains two main methods to solve the stability problem. The first is to encapsulate the cell to prevent environmental elements from entering and the other involves tuning the chemical composition of the perovskite to improve the material’s resistance. Several pilot companies such as Oxford PV and Saule Technologies have made encouraging progress along the way.
In addition to identifying the key challenges, competition and innovation opportunities surrounding Perovskite PV, IDTechEx also provides 10-year market forecasts, key player analysis, technology benchmarking and identification of core application areas in this new report.
To learn more about this report, please visit the official report page via this link. Sample pages are available for download.