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Oxford PV Sets World Record For Perovskite Cell

Perovskite-silicon tandem solar cell has achieved 27.3 percent conversion efficiency, certified by the Fraunhofer Institute

Oxford PV has announced a new, certified, world record for its perovskite based solar cell. Its 1 cm2 perovskite-silicon tandem solar cell has achieved a 27.3 percent conversion efficiency, certified by the Fraunhofer Institute for Solar Energy Systems ISE.

This exceeds the 26.7 percent efficiency world record for a single-junction silicon solar cell.

Frank P. Averdung, CEO at Oxford PV commented: "This result further validates the ability of perovskite to enhance the performance of silicon based photovoltaics. Continuing to improve the performance of photovoltaics is fundamental for sustaining the growth of solar generated electricity."

Chris Case, CTO at Oxford PV added: "We are continuing to push our perovskite-silicon solar cell technology with a roadmap that extends beyond 30% efficiency, driving the world towards an all-electric future. Oxford PV counts on the support of development partners, suppliers and customers to deliver its perovskite solar technology."

Thisnew record demonstrates the considerable progress the company has made in driving its perovskite solar solution closer to commercialisation. Oxford PV is in the process of scaling its perovskite-silicon solar cell technology from the lab to high volume manufacturing.

The company is producing commercial sized 156 mm x 156 mm perovskite-silicon solar cells, at its 17,000 m2 industrial pilot line in Germany, for validation by its development partner "“ a major manufacturer of silicon solar cells and modules.

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