Oxford PVTM — The Perovskite Co mpanyTM, the leader in the field of perovskite solar batteries, today revealed a 5 year research study task with the University of Oxford to develop a thin-film multi-junction perovskite solar cell, with a target 37% effectiveness and long term stability.
The ₤ 5 Million cooperation has actually been granted ₤ 2.5 Million from the Engineering and Physical Sciences Research Council (EPSRC) as part of its Prosperity Partnerships program, with the rest matched by OxfordPV The EPSRC grant is developed to assistance long term, research-based collaborations in between company and universities, with nationwide and international value.
From the University of Oxford, both the Photovoltaic and Optoelectronic Device Research Group led by Professor Henry Snaith (OxfordPV’s Chief Scientific Officer and Co- creator), and the Semiconductor Research Group led by Professor Laura Herz, will form the partnership with Oxford PV.
DrChris Case, Chief Technology Officer at Oxford PV commented, “OxfordPV’s business focus stays securely on its two-terminal perovskite-on-silicon tandem solar celltechnology We have actually made substantial development in this regard. Today, business sized perovskite-on-silicon tandem solar batteries remain in production at our pilot line and we are optimising devices and procedures in preparation for business implementation.
“Oxford PV is always exploring new ways to push the boundaries in perovskite solar cell technology development – this new initiative with Oxford University is one such project. Longer term, providing the PV industry with a low cost solar cell technology that could reach an efficiency level of nearly 40%, is an exciting prospect that would further transform global solar energy generation – helping drive the world toward an all-electric future.”
InJune, OxfordPV set a world record licensed effectiveness of 27.3% for its perovskite-on-silicon solarcell This surpassed the 26.7% effectiveness world record for a single junction silicon solar cell– more confirming the capability of perovskite to improve the efficiency of silicon-based photovoltaics.OxfordPV’s perovskite-on-silicon solar cell technology roadmap extends beyond 30% effectiveness.