Perovskites are seen as a superior alternative to silicon photovoltaics, offering higher efficiency and potentially hitting the market in 2024.

• Perovskites could outperform silicon PVs in efficiency and yield.
• Their fragility and short lifespan have limited their use to experimental stages.
• Recent advancements hint at market readiness and increased durability.

Recent months have seen many records broken in perovskite research, with various approaches tackling the challenge of improving their durability and efficiency.

• New research has broken efficiency and durability records.
• Scientists globally are experimenting with different approaches, including chemistry, cell architecture, and eureka moments.
• There's hope for commercial viability with numerous simultaneous advances.

Perovskites have a crystal structure that allows them to capture more sunlight and can be combined with silicon to create highly efficient tandem cells.

• Perovskites share a crystal structure with calcium titanate and can capture more sunlight than silicon cells.
• They can exceed silicon's theoretical maximum efficiency and capture light silicon PVs cannot.
• Tandem cells combine perovskite and silicon layers for improved light capture and efficiency.

Perovskites offer a significant efficiency advantage over silicon panels and are not cost-prohibitive, but their real-world durability remains a challenge.

• Perovskite solar panels could be more efficient and cheaper than current silicon panels.
• Higher efficiency means fewer panels needed to achieve energy goals.
• Durability issues, such as rapid degradation, are the main concern.

Oxford PV claims to have solved the durability issue of perovskites, and their tandem solar cells are set to enter commercial production.

• Oxford PV's cells are designed to last 25 years, with studies predicting long-term stability.
• A collaboration with FISES achieved a 25% conversion efficiency in a solar module.
• Oxford PV plans to begin commercial production of tandem solar cells in 2023.

KAUST researchers are working on enhancing the assembly of perovskite materials for better energy generation and efficiency.

• Improving charge carrier mobility is key to increasing solar cell efficiency.
• KAUST has developed a P-I-N cell architecture with enhanced ligands for better performance.
• Their P-I-N perovskite cell has shown high efficiency and only a 5% degradation after prolonged testing.

KIER scientists achieved record efficiency and durability in semi-transparent perovskite PVs, suitable for use in windows and bifacial PVs.

• KIER focused on semi-transparent perovskite cells for additional applications.
• They improved efficiency and durability by adding a metal oxide layer to the cells.
• Their semi-transparent solar cells reached unprecedented efficiency while maintaining stability.

CubicPV's pivot to tandem perovskite cells indicates market confidence, and the global perovskite solar cell market is expected to grow significantly.

• CubicPV shifted focus from mono wafer to tandem perovskite cells, suggesting a strong belief in perovskite technology.
• The company claims to have addressed durability issues but has not disclosed details, prompting skepticism.
• Despite uncertainties, the perovskite market is projected to expand rapidly, indicating optimism about its potential.