Researchers at Australia's University of New South Wales announced the achievement of the highest efficiency rating with the largest perovskite solar cells to date. The 12.1% efficiency rating was for a 16 cm2 perovskite solar cell, the largest single perovskite photovoltaic cell certified with the highest energy conversion efficiency, and was independently confirmed by the international testing centre Newport Corp, in Bozeman, Montana. The new cell is at least 10 times bigger than the current certified high-efficiency perovskite solar cells on record.

The researchers also achieved an 18% efficiency rating on a 1.2 cm2 single perovskite cell, and an 11.5% for a 16 cm2 four-cell perovskite mini-module, both independently certified by Newport. The team estimated that it will be be able to "get to 24% within a year or so".