Photovoltaic panel effectiveness to increase 50% with "miracle" cells

May 23, 2023 01:34 PM ET
  • " Miracle" tandem cells are stated to enhance solar panel effectiveness by 50% with the globe's initial commercialisation of perovskite solar cells
Photovoltaic panel effectiveness to increase 50% with "miracle" cells

A South Korean company has made an innovative achievement as they introduced the globe's very first production line dedicated to perovskite-silicon tandem solar cells. These cutting-edge solar cells have the potential to boost effectiveness by 50-75% compared to conventional photovoltaic panels.

The commercialisation of perovskite-based solar cells marks a considerable landmark after years of innovations with the mineral. It has widely been regarded as a "miracle" material efficient in revolutionising numerous markets, including renewable energy.

The next-generation solar cell modern technology

Qcells, based in Seoul, has committed a substantial investment of US$ 100mn to bring this next-generation solar cell technology from the world of laboratory tests and academic research to sensible application.

A pilot production line to be operational by late following year will be funded by the investment at a factory in Jincheon.

" This investment in Jincheon will mark an important step in safeguarding technological management," said Justin Lee, Chief Executive Officer of Qcells. "With a global R&D network extending from Korea, Germany and the US, Qcells will certainly ramp up its efforts to produce high-efficiency sophisticated tandem cells."

Improving adequacy

Tandem solar cells offer a significant enhancement to the effectiveness of standard solar panels, by dividing the light spectrum as well as optimizing energy extraction from each section to produce electrical energy.

In fact, the globe record for solar cell efficiency stands at 32.5%, accomplished with a perovskite-silicon tandem cell. In contrast, traditional silicon-based solar cells commonly reach just about 22% effectiveness.

This indicates that almost one-third of solar radiation can be successfully converted into electric power.

The growth of tandem solar cells represents a promising leap forward in harnessing solar power more effectively and also exceeding the restrictions of standard silicon-based innovations.

Solar Installers, Manufacturers