Commercialization Of Perovskite Solar Cells Is Near, Says Lux Research

Posted by Joseph Bebon on April 12, 2016 No Comments
Categories : Products & Technology

Perovskite solar cells could represent the next generation of photovoltaic material and drive adoption in new applications, according to a new report from Lux Research. The report says that, although there are challenges to overcome, perovskites offer several new opportunities for partnerships with universities ahead of a likely commercial deployment between 2019 and 2021.

The diverse compounds have seen dramatic achievements in academic labs: From a mere 3.8% efficiency, the cells have rapidly risen to a record 21.0%, compared with 21.7% for competing copper indium gallium dieselenide solar cells, according to the report.

“While the efficiency question has been answered, there remain issues in stability, cost and the feasibility of real-world efficiencies that must be addressed before commercialization can occur,” notes Tyler Ogden, Lux Research associate and lead author of the report.

“Still, demonstration of their potential for high performance by academic labs has caused research groups to consider spinning off start-ups, meaning companies need to consider opportunities now,” he adds.

Lux Research says its analysts evaluated the current state of perovskite solar cells and identified opportunities for companies to partner with academia. Key findings include the following:

Partnerships are emerging from labs. Dyesol has partnered with Michael Grätzel’s lab at EPFL, which achieved the world record efficiency of 21.0% in December 2015. Oxford Photovoltaic is working with Henry Snaith of Oxford University, while Poland’s Saule Technologies has roots from the University of Valencia and Taiwan’s Front Materials from the National Taiwan University.

Opportunities are still available. Many leading researchers have clear partnerships, but opportunities are still present with Nam-gyu Park of Sungkyunkwan University and Yang Yang of University of California Los Angeles. The report says Weizmann Institute of Science in Israel and Nanyang Technological University in Singapore are also promising developers.

China is the top academic publisher. China is the leading publisher on perovskite solar cells, accounting for a quarter of all academic publications, but more impactful research is coming out of Israel, Switzerland, Singapore and the U.K. China is followed by the U.S. and South Korea. But European countries – England, Italy, Switzerland, Germany, Spain, Sweden, France, Greece and Belgium – together account for 24%, nearly the equivalent of China’s.

The report, titled “The Rise of Perovskites: Identifying the Best Academic Partners to Work With,” is available here.

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