British Perovskite Solar, Oxford Optoelectronics, said today that its partnership with Oxford has been funded by the UK government for the development of a perovskite solar cell, a five-year research project.
The goal of the £5 million ($6.6 million/5.6 million euro) budget is to develop a thin-film multi-junction perovskite solar cell with the goal of achieving 37% efficiency and long-term stability.
The Engineering and Physical Sciences Research Council (EPSRC) has awarded the project £2.5 million as part of its Prosperity Partnership Program. The remaining project funding is provided by Oxford Optoelectronics.
Chris Case, chief technology officer of Oxford Optoelectronics, said the company's commercial focus remains on its double-ended perovskite-silicon tandem solar cell technology. The company is currently testing commercial-scale perovskite silicon tandem solar cells.
Case also said that in the long run, providing the photovoltaic industry with low-cost solar cell technology, bringing its energy efficiency to nearly 40%, is an exciting prospect that will further change global solar power generation and help drive the world. The all-electric future.
