Australia-based Dyesol has been awarded a $449,000 grant from the Australian Renewable Energy Agency (ARENA) to commercialize an innovative, very high efficiency perovskite solar cell.

ARENA has stated that the funding would enable Dyesol to create a roadmap setting out the steps needed to take its perovskite solar cell technology from the lab to a commercially available product. Dyesol will map out the techniques and requirements for working towards scalable manufacturing of high-quality, uniform perovskite cells that achieve efficiency, durability and stability targets.

As declared, Dyesol is initially aiming for a delivery cost benchmark of US 10 cents per kWh, putting perovskite solar PV cells on par with current benchmarks achieved by silicon solar PV. This would be a considerable achievement given silicon PV’s maturity as a technology, and provides further scope for reduction in the cost of energy as manufacturing volumes grow.