Evolar's Perovskite Solar Cell Technology Meets the Market's Tough Demands of 25Y Stable Lifespan

Source: www.gulfoilandgas.com 8/15/2022, Location: Europe

Magnora’s subsidiary company Evolar AB, which has developed a unique perovskite-based solar cell technology that provides 25% more electricity than conventional solar cells, can now present results from climate tests that show at least 25 years lifespan with stable electricity yield

Solar energy will become one of the world's dominant sources of electricity production due to its low production cost and low climate footprint. Major investments in expansion will come not least within Europe, the EU's new policy in the area was recently announced. It includes, among other things, a proposal that all new public and commercial buildings must have solar cells on the roof.

Conventional solar cells are reliable and cheap, but they have reached the limit of their ability to convert light into electricity. Evolar AB has developed a unique technology – PV Power Booster - that provides 25% more electricity at a low cost. This tandem solar cell technology means that a second very thin solar cell layer of the material perovskite is introduced.

The customers require that solar panels have a guaranteed lifespan of at least 25 years and that the electricity generation is stable throughout this period.

“We continuously test our solar cells with industry-specific stability tests, says Evolar's CTO and co-founder Olle Lundberg. In the most demanding test, samples are exposed to high humidity and temperature. Product certification requires 1000 hours with minimal performance changes. Evolar has now achieved over 2000 hours within the test's stability requirements, which shows that it is likely that the solar cells are stable for longer than 25 years.”

“Magnora is extremely pleased with this landmark achievement which further confirms and validates the technology. This an important step on the route to market and commercialization of the PV Power Booster, says Erik Sneve, CEO of Magnora ASA.”


Ireland >>  9/27/2022 - Hydrokinetic solutions provider GKinetic Energy Ltd has concluded a pivotal deployment of its 12kW unit at Strangford Lough, Northern Ireland. The dep...
Spain >>  9/22/2022 - Mango, one of Europe's leading groups in the fashion industry, and ACCIONA Energía, the world's largest 100% renewable energy company with no fossil l...

United States >>  9/22/2022 - Six Rhode Island cities and towns have joined together to launch aggregation programs that leverage community-wide buying power to provide their resid...
United States >>  9/22/2022 - Nearly 130,000 homeowners and renters across northern Illinois saved a total of approximately $17.5 million on their energy bills, based on 2021 rates...

United States >>  9/22/2022 - WattBridge Energy, LLC announced financial closing for 480 MW of firm dispatchable generation for ERCOT. The transaction includes the company's sixth ...
Australia >>  9/20/2022 - FEX Global, which operates a licensed Australian Futures Exchange this week successfully launched its $500 Strike 5MS Cap Power Quarterly Futures and ...




Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.