- In June 2024, In the U.S., Swift Solar secured USD 27 million in Series A funding to advance the development of its perovskite tandem solar cell manufacturing, with the funding round led by Eni Next, the venture capital arm of Eni, and additional contributions from Stanford University, Good Growth Capital, and Fontinalis Partners.
- In May 2022, In the same year, Microquanta launched the world’s first commercial-sized perovskite module, α, using the company’s proprietary solution printing technology, offering high power output, excellent stability, a low temperature coefficient, minimal hot spot effect, and resistance to cracking, along with a 12-year warranty for materials and processes and a 25-year linear power output warranty
- In May 2022, In that month, Saule Technologies and Columbus Energy entered a partnership with Google Cloud, aiming to leverage perovskite solar cells for developing innovative products in sectors such as distributed energy and the Internet of Things (IoT)
- In July 2021, In that year, Oxford Photovoltaics completed its production facility in Germany, housing the world’s first mass production line for its perovskite-on-silicon tandem solar cells, with a yearly production capacity target of 100 MW
- In March 2021, In that month, Saule Technologies, Columbus Energy, and Somfy Polska signed a strategic cooperation agreement to propose innovative solutions for buildings and ongoing construction projects using perovskite solar cells
Frequently Asked Questions
The market is segmented based on Segmentation, By Structure (Planar Perovskite Solar Cells and Mesoporous Perovskite Solar Cells), Product (Rigid Perovskite Solar Cells and Flexible Perovskite Solar Cells), Method (Solution Method, Vapor-Deposition Method, and Vapor-Assisted Solution Method), Application (Smart Glass, Solar Panel, Perovskite in Tandem Solar Cells, Portable Devices, Utilities, and BIPV (Building-Integrated Photovoltaics)), End Use Industries (Manufacturing, Energy, Industrial Automation, Aerospace, and Consumer Electronics), Type (Hybrid PSCs, Flexible PSCs, and Multi-Junction PSCs) – Industry Trends and Forecast to 2032
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The Global Perovskite Solar Cell Market size was valued at USD 193.85 USD Million in 2024.
The Global Perovskite Solar Cell Market is projected to grow at a CAGR of 56.6% during the forecast period of 2025 to 2032.
The major players operating in the market include First Solar, SunPower Corporation, Suniva , Tata Power Solar Systems Ltd, SHARP CORPORATION, ALPS Technology , Solaris Technology Industry , GREEN BRILLIANCE RENEWABLE ENERGY , Trina Solar, Canadian Solar, Jinko Solar, Alfa Aesar, IDTechEx Ltd, Panasonic Corporation, Solliance solar research, Toshiba Corporation, G24 Power Ltd, Microquanta Simiconductor Co Ltd, FrontMaterials Co Ltd.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
