Scientists have achieved a major breakthrough using a so-called ‘miracle material’ to boost the efficiency of solar panels.
Two separate studies published on Thursday demonstrated how the material perovskite could push the power conversion efficiency rate of photovoltaic (PV) solar cells above 30 per cent – beyond the theoretical limit of 29 per cent for traditional silicon (PV) solar cells.
“Overcoming this threshold provides confidence that high-performance, low-cost PVs can be brought to the market,” wrote material science researchers Stefaan de Wolf and Erkan Aydin, who were not involved in the research, in an article published in the journal Science.
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