{"id":3351,"date":"2024-02-01T08:10:42","date_gmt":"2024-02-01T08:10:42","guid":{"rendered":"https:\/\/renewablepak.com\/?p=3351"},"modified":"2024-02-27T10:01:37","modified_gmt":"2024-02-27T10:01:37","slug":"oxford-pv-solar-cell-achieves-25-efficiency","status":"publish","type":"post","link":"https:\/\/renewablepak.com\/?p=3351","title":{"rendered":"Oxford PV solar cell achieves 25% efficiency"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Oxford PV solar, UK-based company developing next-generation photovoltaic cell technology, has achieved a 25% conversion efficiency. Commercialized silicon-based <a href=\"https:\/\/renewablepak.com\/solar\/\" title=\"\">solar<\/a> cells typically achieve conversion efficiencies of 24%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Solar modules made from higher-efficiency cells generate more power over the same area, reducing the cost of electricity and further accelerating the adoption of clean energy. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Oxford PV solar, a spin-out of the University of Oxford, is focused on commercializing perovskite-on-silicon tandem solar cells, which have a theoretical maximum efficiency of over 43%, compared to less than 30% for silicon solar cells. In 2024, Oxford PV solar intends to scale up manufacturing and continue to progress with plans for a new factory to produce its tandem solar cells in high volumes.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized wp-duotone-000000-fcb9008c-1\"><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" width=\"700\" height=\"350\" src=\"https:\/\/renewablepak.com\/wp-content\/uploads\/2024\/02\/190820_OxfordPV-8672.jpg\" alt=\"Oxford PV solar cell achieves 25% efficiency\" class=\"wp-image-3929\" style=\"width:770px;height:auto\" title=\"\"><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Chris Case, Chief Technology Officer at Oxford PV solar, stated: \u201cSolar energy is currently among the most cost-effective and sustainable energy sources. Our continuous advancements in technology will further enhance module efficiency \u2013<strong> producing more electricity from the same area<\/strong> \u2013 and extending their use to all market sectors from residential, commercial through to utility-scale.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201dDavid Ward, Chief Executive Officer of Oxford PV solar, commented: \u201cThis new world record is a crucial milestone for Oxford PV solar, proving that our tandem solar cells can deliver record-breaking performance when assembled into solar panels. It is the first step in what will be a transformative 2024, as we begin to deliver market-ready panels from our factory in Germany and continue our global search for a new high-volume manufacturing site that will enable us to bring our technology into the mainstream.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oxford PV solar, UK-based company developing next-generation photovoltaic cell technology, has achieved a 25% conversion efficiency. Commercialized silicon-based solar cells typically achieve conversion efficiencies of 24%. Solar modules made from higher-efficiency cells generate more power over the same area, reducing the cost of electricity and further accelerating the adoption of clean energy. Oxford PV solar, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":3352,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[728],"tags":[679],"class_list":["post-3351","post","type-post","status-publish","format-standard","has-post-thumbnail","category-solar-news","tag-solar-energy"],"_links":{"self":[{"href":"https:\/\/renewablepak.com\/index.php?rest_route=\/wp\/v2\/posts\/3351","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/renewablepak.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/renewablepak.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/renewablepak.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/renewablepak.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3351"}],"version-history":[{"count":3,"href":"https:\/\/renewablepak.com\/index.php?rest_route=\/wp\/v2\/posts\/3351\/revisions"}],"predecessor-version":[{"id":3984,"href":"https:\/\/renewablepak.com\/index.php?rest_route=\/wp\/v2\/posts\/3351\/revisions\/3984"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/renewablepak.com\/index.php?rest_route=\/wp\/v2\/media\/3352"}],"wp:attachment":[{"href":"https:\/\/renewablepak.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3351"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewablepak.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3351"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewablepak.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}