IDTechEx recently stated that despite strong enthusiasm last year, there are few companies developing Perovskite PV devices and the topic barely registers in most mainstream press. Despite this somewhat bleak view, IDTechEx claims that much is happening behind the scenes.

According to IDTechEx, most of the effort has been concentrated on materials development -improving stability while maximizing efficiency and, in some cases, creating lead free versions. This will take time, with IDTechEx Research anticipating that the first products will be hybrid silicon-perovskite PV systems creating a market of over $200 million in 2025.

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