Perovskite photovoltaics set to revolutionize the global solar market
The climate crisis has made the transition to clean energy a global imperative. Hiking PV’s perovskite solar cells and perovskite-on-silicon solar cells deliver high efficiency at a low cost, which is essential for solar to replace fossil fuels, meet growing energy demand, and ultimately power an all-electric world.
Currently, mainstream silicon-based solar photovoltaic technology is reaching its practical and economic efficiency limit. However, our perovskite technology can break through this barrier and significantly improve the performance of silicon PV. This will enable cost reductions that can transform the economics of solar energy and accelerate its global growth.
WHY PEROVSKITE PHOTOVOLITAICS?
High efficiency
Perovskite solar cells have the potential to convert a higher percentage of sunlight into electricity than traditional silicon-based solar cells. This is due to their ability to capture a wider range of the solar spectrum.
Low cost
Perovskite solar cells can be produced at a lower cost than silicon-based solar cells. This is because they use readily available and inexpensive materials, and their manufacturing process is less complex.
Versatility
Perovskite solar cells can be made into thin, flexible sheets, making them suitable for a wide range of applications, including building-integrated photovoltaics (BIPV), portable devices, and wearables.
Sustainability
Perovskite solar cells have the potential to be a more sustainable option than traditional silicon-based solar cells. This is because they use less energy and resources to manufacture and have a lower carbon footprint.