Microquanta Semiconductor logo Reports out of China suggest that a perovskite photovoltaic cell production line has gone into production in Quzhou, east China's Zhejiang Province.

The 40-hectare factory was reportedly funded by Microquanta Semiconductor and expected to produce more than 200,000 square meters of photovoltaic glass before the end of 2020.

The wide use of perovskite photovoltaic cells will dramatically lower the cost of power generation, according to Yan Buyi, vice president of Microquanta Semiconductor. The color of the new material is also controllable, thus the photovoltaic power generation module can be tailored according to specific needs.

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