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Panels and Modules Updated October 14, 2026

Perovskite

Quick Definition

Perovskite is an emerging solar cell technology based on hybrid organic-inorganic perovskite materials. Lab efficiencies exceed 26 percent single-junction and 33 percent in perovskite-silicon tandems. Commercial production is pre-commercial; tandem cells expected to enter market by 2026-2028.

Quick Facts

Term
Perovskite
Category
Panels and Modules
Industry
Next-Generation Solar
Primary Use
Research and emerging commercial
Common Users
Researchers, early commercial adopters
Standards
IEC 61215 (emerging adaptations)
Related Technologies
Tandem cells, thin film, perovskite-silicon

What is perovskite

Perovskite, in solar terminology, refers to a family of hybrid organic-inorganic materials sharing the perovskite crystal structure (ABX3, where A is an organic cation, B is a metal cation typically lead or tin, and X is a halide anion). These materials exhibit excellent photovoltaic properties: high light absorption, long charge carrier lifetimes and tunable bandgap.

Perovskite solar cells have shown dramatic efficiency improvement, from 3.8 percent in 2009 to over 26 percent in 2024 for single-junction lab cells. Perovskite-silicon tandem cells have exceeded 33 percent lab efficiency, suggesting the technology can break through silicon’s efficiency ceiling.

For Indian solar, perovskite is still pre-commercial. Tandem perovskite-silicon modules from Oxford PV and select Chinese manufacturers are entering early commercial production globally. Indian solar industry is monitoring perovskite developments, with R&D growing at IITs and CSIR-Central Electronics Engineering Research Institute. PLI Tranche II and III may include perovskite-specific allocations.

Why perovskite matters

Higher efficiency. Tandem cells exceed 30 percent, breaking silicon’s ceiling.

Lower manufacturing cost potential. Room-temperature solution processing.

Flexible substrates. Enables BIPV and unconventional applications.

Tunable bandgap. Ideal for tandem cells combining with silicon.

Lower energy payback. Faster carbon return on manufacturing energy.

Perovskite cell architecture

Layer stack of a typical perovskite solar cell
LayerMaterial
Front contact (transparent)FTO or ITO
Electron transport layerTiO2 or SnO2
Perovskite absorber(FA,MA)PbI3 or related
Hole transport layerSpiro-OMeTAD or PTAA
Rear contactGold or silver

Tandem cells stack a perovskite top cell on a monocrystalline silicon bottom cell, typically a TOPCon or HJT architecture chosen for its high bottom-cell efficiency and low module degradation rate.

Technical deep dive

Efficiency progression

Lab efficiencies below are measured under STC test conditions, the same reference used for silicon module efficiency ratings.

Lab efficiency by year, single-junction perovskite vs perovskite-silicon tandem
YearSingle-junction perovskiteTandem perovskite-silicon
20093.8%n/a
201417.9%22.0%
201823.7%28.0%
202225.7%31.3%
202426.7%33.9%
  • Single-junction perovskite
  • Perovskite-silicon tandem
%010203040201420182022202426.7%33.9%%010203040201420182022202426.7%33.9%
Lab efficiency of perovskite single-junction and perovskite-silicon tandem cells, 2014 to 2024
ItemSingle-junction perovskitePerovskite-silicon tandem
201417.9%22%
201823.7%28%
202225.7%31.3%
202426.7%33.9%
Lab efficiency of perovskite single-junction and perovskite-silicon tandem cells, 2014 to 2024Source: Lab efficiencies as tabulated in this guide's efficiency progression table (NREL Best Research-Cell Efficiency Chart is the listed source)Years are not evenly spaced. Commercial products lag lab results by 3 to 5 percentage points.

Commercial products lag lab by 3-5 percentage points.

Challenges

Perovskite challenges and their current status
ChallengeStatus
Long-term stabilityImproving; 25-year warranties achievable
UV stabilityInorganic perovskites better
Moisture stabilityEncapsulation critical
Thermal stabilityAdvanced compositions handle 85°C
Lead contentSome formulations; lead-free alternatives in development
Manufacturing scalePilot to early commercial
Standards adaptationIEC adapting test protocols

Advanced encapsulant formulations and moisture-blocking back sheet materials are the main lines of defence against perovskite’s moisture and UV sensitivity.

Cell architectures

Perovskite cell architecture types
TypeDescription
Single-junction perovskiteStand-alone perovskite cell
2-terminal tandemPerovskite and silicon stacked, single circuit
4-terminal tandemIndependent perovskite and silicon, separate electrical paths
Triple-junctionPerovskite + perovskite + silicon

Major players

Major perovskite developers and their focus
CompanyFocus
Oxford PVPerovskite-silicon tandem commercial
MicroquantaSingle-junction perovskite
Saule TechnologiesFlexible perovskite, BIPV
GCL PerovskiteChinese mass production planned
Hanwha QCellsR&D on tandem
Trina Solar, LONGi, JinkoSolarTandem research

Real-world applications

Premium tandem solar modules (entering market 2026+), following the same wattage and efficiency escalation already visible in the 700W+ n-type silicon TOPCon panels shown at Indian trade shows (see REI Expo 2026 preview: what to look for).

BIPV with semi-transparent perovskite.

EV solar with flexible substrates.

Space and aerospace.

Research and demonstration.

Advantages

Higher efficiency potential than silicon alone.

Tandem architecture combines best of both.

Lower manufacturing energy.

Flexible substrate compatibility.

Tunable bandgap for spectrum optimisation.

Limitations

Long-term stability in field conditions.

Encapsulation requirements stricter.

Lead content concerns.

Pre-commercial scale.

Standards still developing.

Indian market context

Pre-commercial in India.

R&D at IIT Bombay, IIT Madras, CSIR-CEERI, NPL.

PLI Tranche II and III may include perovskite, building on the roughly 40-50 GW/year module manufacturing base India has already built under the PLI scheme (see India Solar Statistics 2026, Complete Data Reference).

Initial commercial adoption likely 2026-2028.

ALMM listing requires standards updates.

Standards and certifications

Standards relevant to perovskite modules
StandardScope
IEC 61215 (adapted)Module qualification
IEC 61730 (adapted)Module safety
IEC TS 63342Emerging perovskite test protocols
ISOS protocolsStability testing

Key takeaways

Perovskite is the most promising next-generation solar technology, with tandem perovskite-silicon cells exceeding 33 percent lab efficiency. Commercial production is starting through Oxford PV and select Chinese manufacturers. Long-term stability is the main challenge being solved. Indian deployment likely starts 2026-2028 with imported tandem modules. PLI Tranche II and III expected to include perovskite manufacturing incentives.

Watching perovskite developments?

Perovskite and tandem cells are module technologies. Qbits makes on-grid and hybrid inverters, not solar modules, so whichever cell technology a site uses, the inverter is matched to the module’s electrical ratings on the module datasheet.

Further reading

For how Perovskite plays out in real projects, these guides go deeper:

Sources

  • NREL Best Research-Cell Efficiency Chart.
  • Oxford PV technical announcements.
  • ITRPV Roadmap on tandem cells.
  • IEA PVPS Trends 2024.
  • ISOS Protocols for Perovskite Stability.
  • Saliba M., et al., Perovskite Solar Cells research literature.
  • Microquanta Semiconductor product documentation.
  • CSIR-CEERI Solar R&D publications.
  • Hanwha QCells research publications.
FAQ

Frequently Asked Questions

What is perovskite in simple words?
A new family of solar materials with a specific crystal structure. Easier and cheaper to make than silicon, with rapidly rising efficiency. The next big thing after silicon.
Is perovskite commercial?
Limited. Some pilot lines exist. Tandem perovskite-silicon cells from Oxford PV and others are entering small commercial production.
What efficiency does perovskite reach?
Single-junction perovskite: 26 percent lab record. Perovskite-silicon tandem: 33+ percent lab record. Commercial products lag lab by 3-5 percent.
Why is perovskite exciting?
Higher efficiency potential, lower manufacturing energy than silicon, flexible substrates possible, room-temperature processing.
What is the challenge?
Long-term stability. Perovskites degrade under heat, humidity and UV. Solving this is the main R&D focus.
Will perovskite replace silicon?
Unlikely fully. Tandem perovskite-silicon will likely dominate, combining both materials' strengths.
When will tandem cells be widely available?
2026-2028 expected for initial commercial volumes. Mass adoption by 2030+.
Are perovskite modules ALMM-listed?
Not yet in India. Will require IS standard updates.
What is the cost potential?
Perovskite materials are cheap and abundant. Manufacturing simpler than silicon. Long-term cost potential below silicon.
Who is making perovskite cells?
Oxford PV (UK), Microquanta (China), Saule Technologies (Poland), GCL Perovskite (China), Hanwha QCells research.
Is perovskite stable enough?
Stability improving rapidly. 2024 commercial products achieve 25+ year warranties through advanced encapsulation.
Can perovskite be transparent?
Yes. Semi-transparent perovskite enables BIPV applications.
What is the temperature coefficient?
Different from silicon. Perovskite efficiency relatively stable with temperature, sometimes improving slightly. Advantage in hot climates.
Are there environmental concerns?
Some perovskite formulations contain lead. Lead-free alternatives in development. Sealed module prevents lead release in normal operation.
What is the future of perovskite in India?
Initially imported tandem modules. Domestic manufacturing through PLI Tranche II and III. R&D growing in IIT and CSIR institutes.
Nirav Dhanani
Written by
Nirav Dhanani · CEO

Co-founder & CEO driving Qbits Energy's product strategy and growth across India.

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