Microquanta Semiconductor, based in Hangzhou, China, was established in July 2015. The Company works to commercialize perovskite-based solar cells.
Microquanta reported several advances in Perovskite PVs, and in 2020 the company started operating its production line for perovskite solar cells.
In 2023, Microquanta reported that its novel perovskite-based PV power station has been connected to the grid. The Company referred to it as a "perovskite commercial rooftop power station", erected over the water for fish farming applications.
In 2024, Microquanta announced its latest procurement of state-of-the-art vacuum deposition equipment from SMIT Thermal Solutions. This significant acquisition, surpassing 9 million Euros in value, marks a pivotal moment in Microquanta's journey towards launching the world's first gigawatt-scale (GW) perovskite solar cell factory in Hangzhou.
No 7 Longtan Road
Future Research & Innovation Park
Hangzou
Zhejiang
China
Microquanta ships perovskite modules for demo plant
It was reported that perovskite manufacturer Microquanta has announced that it has shipped its Perovskite ɑ2 modules to the Huaneng Qinghai Perovskite Demonstration Project. The demo project is located in Hainan Tibetan Autonomous Prefecture, Qinghai Province.
Microquanta’s Zhejiang project. Image credit: Microquanta, taiyangnews
Once complete and grid-connected, the project is expected to generate over 1.14 million kWh of electricity annually. The power produced is equivalent to replacing nearly 413 tons of standard coal each year, while carbon dust emissions by 311 tons, CO2 emissions by 1,143 tons, and SO2 emissions by 34 tons.
Microquanta announces 24.12% efficiency of 19.48cm² perovskite solar modules
Microquanta has announced that it has achieved a conversion efficiency of 24.12% on small perovskite solar modules with a size of 19.48cm², certified by Fujian Metrology Institute of China’s National PV Industry Measurement and Testing Center, an authorized third party testing organization.

The efficiency of this perovskite module reportedly reached 23.93% for MPPT under STC, and its conversion efficiency reached 23.62% for forward scan and 24.12% for reverse scan under STC.
Microquanta completes rooftop perovskite project
Microquanta has announced the completion of what it claims to be the world's largest building-integrated photovoltaic (BIPV) project based on perovskite solar panels. Installed on the translucent roof of the University Student Entrepreneurship Center in Shenchi County, Shanxi Province, the project has a capacity of 17.92 kWp.
Microquanta specified that its custom-designed double-glass perovskite modules measure 1,200 mm x 1,000 mm and achieve a light transmittance of around 40%, allowing daylight into the building interior while generating electricity.
Microquanta reaches 21.86% efficiency of 810 cm² perovskite module
Microquanta has reportedly announced that its 810 cm² medium-sized perovskite module has achieved a certified full-area power conversion efficiency of 21.86% (average of forward and reverse scan: 21.83% forward, 21.89% reverse), as verified by the National PV Industry Measurement and Testing Center (NPVM).
The company called this a new efficiency record for perovskite modules of this size. Microquanta stated that the module incorporates its proprietary cryogenic laser repair technology, which in addition to significantly enhancing module efficiency also greatly improves module stability. Microquanta plans to apply this technology to its upcoming GW-scale perovskite production line, set to commence operations in March this year. The company has set a target of surpassing 20% conversion efficiency and achieving a 25-year lifespan for large-area modules with a size of 2.88 m².
Microquanta announces 1 MW perovskite solar rooftop demonstration project at Qinghai University
Microquanta has announced that a 1 MW solar rooftop demonstration project at Qinghai University has been successfully grid connected. The project makes use of Microquanta’s perovskite modules and is one the first megawatt-scale perovskite rooftop distributed PV projects in Qinghai Province. The electricity generated by this rooftop plant will be utilized by the campus.
This project is said to be one of the largest perovskite power plants globally. It is equipped with a smart monitoring platform, which provides real-time visualization of the plant’s power generation, electricity transactions, and equipment performance. Over its 25-year lifecycle, the project is expected to generate a total of 20,327,745.20 kWh, with an average annual output of 813,109.81 kWh.
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