Perovskite PV to transform the global solar market
The climate crisis has made the clean energy transition a global imperative. Our perovskite-on-silicon solar cell delivers high efficiency at a low cost – essential for solar to replace fossil fuels and meet growing energy demand.
Today, the mainstream solar photovoltaic technology – silicon – is reaching its practical and economic efficiency limit. Our perovskite solar cell technology can break the solar efficiency barrier. Significantly improving the performance of silicon PV will enable cost reductions that will transform the economics and accelerate the growth of solar energy globally.
Why perovskite photovoltaics?
Enhances the photovoltaic industry

When built on top of conventional silicon solar cells, the resulting tandem cells can break through the silicon photovoltaic performance barrier.

High photovoltaic performance

A perovskite-on-silicon tandem cell has a theoretical efficiency limit of 43% vs 29% for silicon cells.

Wide adjustable bandgap

Ability to capture specific parts of the solar spectrum, particularly at the high-energy blue end and convert it into electricity.

Low-cost, thin-film photovoltaic solution

Widely available, low-cost source materials. Simple manufacturing processes.

The highest-efficiency commercial-sized cell

Our commercial-sized perovskite-on-silicon tandem solar cell holds the world-record efficiency of 26.8%, as certified by Fraunhofer ISE. (See ‘Solar cell efficiency tables (Version 60)’, by Martin Green et al.We have a clear roadmap to take our technology beyond 30% efficiency.

Oxford PV holds the world-record efficiency of 26.8% for its commercial-sized cells
Oxford PV sets world record for perovskite solar cell

Our perovskite-on-silicon solar cell has achieved a certified 29.52% conversion efficiency. This validates the ability of perovskite to enhance the performance of silicon-based photovoltaics.

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Oxford PV sets world record for perovskite solar cell