Perovskite solar cell commercialisation likely in 2019
Perovskite solar cells, hailed as the next generation of photovoltaic material, offer new opportunities for partnerships with universities ahead of a likely commercial deployment between 2019 and 2021, according to Lux Research.
The diverse compounds have seen dramatic achievements in academic labs: From 3.8 percent efficiency, the cells have rapidly risen to a record 21.0 percent, compared with 21.7 percent for competing CIGS solar cells, which have been in development for decades.
"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 commercialisation can occur," said Tyler Ogden, Lux Research Associate and lead author of the report titled, "˜The Rise of Perovskites: Identifying the Best Academic Partners to Work With'.
"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 added.
Lux Research analysts evaluated the current state of perovskite solar cells and identified opportunities for companies to partner with academia. Among their findings:
"¢ Partnerships are emerging from labs. Dyesol has partnered with Michael Grätzel's lab at EPFL, which achieved the world record efficiency of 21.0 percent 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 Weizmann Institute of Science in Israel and Nanyang Technological University in Singapore are also promising developers.
"¢ China is 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 UK China is followed by the US and South Korea. But European countries - UK, Italy, Switzerland, Germany, Spain, Sweden, France, Greece and Belgium - together account for 24 percent, nearly the equivalent of China's.