Perovskite PV is a new solar panel technology that has some great advantages over conventional crystalline silicon solar panels.

It can provide similar high-power density as silicon PV. The cost of production is lower because it is simplified to a roll-to-roll (R2R) or a 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 a variety of new applications. In addition, it can be combined with silicon materials to create perovskite-silicon tandem cells that surpass the efficiency of single-junction solar cells.

Back in 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 exceeds 25%.

However, the commercial adoption of perovskite PV held back by concerns about long-term stability. Some intrinsic and extrinsic sources of degradation have not been well resolved, and they affect the stability and longevity of perovskite cells.

IDTechEx Perovskite PV 2023-2033 Report

Technology consultancy IDTechEx examines the commercialization potential of perovskite PV and identifies the challenges that remain in its latest perovskite PV report, “Perovskite Photovoltaics 2023-2033”. Based on comprehensive research and first-hand information from key and emerging perovskite PV players, IDTechEx explains two main approaches to solve the sustainability issue. The first is to encapsulate the cell to prevent the penetration of environmental elements, and others include tuning the chemical composition of the perovskite to improve the resistance of the material. Several pilot companies, such as Oxford PV and Saule Technologies, have made satisfactory progress on these pathways.

Sources of Instability Within Perovskite Solar Cells
Sources of instability in perovskite solar cells – Source: IDTechEx

In addition to identifying key challenges, competition, and innovation opportunities surrounding perovskite PV, in this new report, IDTechEx also provides 10-year market forecasts, key player analysis, technology benchmarking, and identification of core application areas.

To know more about this report, please visit the official report page through this link. Downloadable sample pages are available.

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