The annual award acknowledges ground-breaking improvements from the world of science, know-how, engineering and arithmetic. Oxford PV, a spin-out from the College of Oxford, acquired the award for its perovskite photo voltaic cell know-how.
The corporate locations a skinny layer of its distinctive perovskite photo voltaic absorber materials on prime of ordinary silicon photo voltaic cells to transform extra of the solar’s vitality into electrical energy. The ensuing “tandem” photo voltaic cells are included into typical photo voltaic panels to generate extra energy and scale back the price of photo voltaic vitality.
“This award is recognition of the vital position Oxford PV’s cutting-edge photo voltaic cells can play in driving international change,” mentioned Oxford PV CEO Frank Averdung. “We’re very pleased with our staff for creating the know-how over time, and we stay up for bringing our product to market.”
“Our two-terminal perovskite-on-silicon know-how has been designed and refined to be the subsequent greatest know-how for photo voltaic cells with efficiencies larger than 27%,” added CTO Chris Case. “Constructed into photo voltaic panels, our know-how can present no less than 20% extra energy than typical silicon photo voltaic cells.”
Oxford PV’s perovskite-on-silicon know-how has set a number of world information for the quantity of photo voltaic vitality that may be transformed into electrical energy by a single photo voltaic cell. The corporate will start quantity manufacturing at its web site in Brandenburg an der Havel, Germany, in 2023.