INSUBCONTINENT EXCLUSIVE:
Across the globe, a clutch of companies from Oxford, England to Redwood City, Calif
are working to commercialize a new solar technology that could further boost the adoption of renewable energy generation.Earlier this year,
government to develop the technology, which uses a new kind of material to make solar cells
the Securities and Exchange Commission.Called a perovskite cell, the new photovoltaic tech uses hybrid organic-inorganic lead or tin
halide-based material as the light-harvesting active layer
These thin crystalline films are made by mixing two inexpensive readily abundant salts to make an ink that can be deposited in many
solar cells by Japanese researchers in 2009, the perovskite solar cells suffered from low efficiencies and lacked stability to be broadly
But over the past nine years researchers have steadily improved both the stability of the compounds used and the efficiency that these solar
much higher than existing polycrystalline photovoltaic or thin-film solar cells.New chemistries for solar cell manufacturing have been
touted in the past, but cost has been an obstacle to commercial rollout, given how cheaply solar panels became thanks in part to a massive
push from the Chinese government to increase manufacturing capacity.Many of those manufacturers eventually folded, but the survivors managed
to maintain their dominant position in the industry by reducing the need for buyers to look to newer technologies for cost or efficiency
enough to attract buyers have investors once again putting money behind alternative solar chemistries.Oxford PV has already set a
world-leading efficiency mark for perovskite-based cells at 27.3 percent
perovskite-on-silicon tandem solar cells are in production at our pilot line and we are optimizing equipment and processes in preparation
