This article is an extract from The Perovskite Handbook, 2020 edition, and explains the current market status of Perovskites Solar Panels.
Solar Panels is the most prominent potential perovskite application, as synthetic perovskites are recognized as inexpensive base materials for high-efficiency commercial photovoltaics. Perovskite PVs are constantly undergoing research and improvement, going from just 2% in 2006 to over 23% today, and constantly improving. Experts forecast that the market for perovskite PV will reach $214 million in 2025.
Power efficiency is obviously a key metric for solar power technologies. In this article we'll explain how solar system efficiency is defined and the current power efficiency market status of PSCs.