GreatCell Solar, developer of solar technologies, was awarded 700,000 euro (about $825 million USD) in a European Union Horizon 2020 project known as Apolo. The grant to Greatcell's application has occurred through its 100% Italian subsidiary, Greatcell Solar Italy located in Rome, that aims to commercialize perovskite solar technology.
Much of the work involved will investigate advanced technology for higher efficiencies, longer life, and improved encapsulation of PSC-enabled flexible substrates, such as metals and polymers. These are all critical in the successful translation of the 3rd generation PSC photovoltaic (PV) technology from the laboratory to the factory and satisfying PV industry accreditation (IEC 61215).
Greatcell has a multi-generational technology development plan with the objective of producing PV technology that generates electricity for as low as 3.5 US cents per kWh or 25 US cents per watt peak (Wp). This is significantly lower than existing, competitive PV technologies.
The H2020 Apolo project also includes the partners: the Alternative Energies and Atomic Energy Commission of France (CEA), École Polytechnique Fédérale De Lausanne (EPFL), University of Rome Tor Vergata and Fraunhofer of Germany.
The H2020 project is for innovative development of perovskite solar cell (PSC) technology on flexible substrates and aligns very closely with Greatcell’s existing technology development plan, particularly that being conducted at Solliance in the Netherlands.