ART-PV India receives $10 Million grant for silicon/CdTe-perovskite tandem solar cells

ART-PV India, an IIT Bombay-incubated start-up, has been awarded a $10 million grant by the Ministry of New and Renewable Energy (MNRE). The funding will enable the company to set up a manufacturing plant for high-efficiency tandem solar cells.

ART-PV has developed a 4T cell with PCE >30% on small area ~1 cm2, which will be transferred to 2T using industry partners supplying semi-processed bottom sub-cells.

 

ART-PV’s progress is supported by key industry partners, including solar manufacturers First Solar and Waaree. Both companies will assist in advancing the technology and bringing it to market, in exchange for preferential licensing rights.

First Solar operates a thin-film solar PV plant near Chennai, while Waaree specializes in crystalline silicon-based PV cells. Interestingly, perovskite material can be seamlessly integrated with both thin-film and crystalline PV technologies, making the ART-PV cell versatile in various solar applications.

Currently, ART-PV’s tandem solar cell is at Technology Readiness Level (TRL) 6 or 7, indicating that it is either in the prototype demonstration phase or already being tested in an operational environment.

The company plans to establish a commercial wafer size solution for monolithic 2T tandem solar cells using Silicon and perovskite as top subcell.

Source: 
Posted: Feb 05,2025 by Roni Peleg