Perovskite efficiencies now match silicon in full sun and produce more energy throughout the day, as they continue to generate power from dawn to dusk, and under cloudy conditions. Perovskites are 100x thinner than traditional silicon solar PVs, flexible, lightweight, and can even be made partly transparent. This makes them suitable for a variety of surfaces and structures, where traditional PVs haven’t been viable.
The low-temperature manufacturing process, including roll-to-roll printing, enables perovskites to be produced quickly and in high volumes. This keeps the cost down, with perovskite cells being approximately three times cheaper than traditional silicon cells. Compared with silicon and other solar PV technologies, perovskite PVs are better for the environment due to their low-temperature manufacturing process(120°C vs. over 1,000°C for silicon) and the potential for more cost-effective recycling methods.