FuturaSun buys perovskite research startup Solertix

Facebook
Twitter
LinkedIn
Reddit
Email
Perovskite cell testing in Saudi Arabia, where the current lab efficiency world record for perovskite cells is held. Image: KAUST

Italian PV manufacturer FuturaSun has acquired a research and development startup, Solertix, which focuses on perovskite cell technology research.

Solertix began at the University of Rome in its Organic Solar Center (CHOSE) which focuses on third-generation PV cell research. FuturaSun said that it plans to double the workforce at the startup, with a view to developing a stable, commercially viable perovskite product. The price of the purchase has not been revealed.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

“Perovskite is the future of high-efficiency photovoltaics,” said Alessandro Barin, CEO of FuturaSun, adding: “and in this specific R&D segment, we couldn’t afford not to be key players, working alongside those who are dedicated to scientific research at the highest academic levels.”

Tandem perovskite cells are a hot topic in the solar PV industry, spoken about by research institutes and companies as the ‘future’ of PV cells. In lab conditions, perovskites have been shown to offer notably higher efficiencies than silicon-based cells. UK-based researchers Oxford PV claimed a new 28.6% world record efficiency for a commercial size cell last week, and Korean-owned solar manufacturer Qcells recently announced a US$100 million investment into a pilot perovskite production plant.

In terms of non-commercial sized cells, the efficiency level is currently held by a Saudi Arabian university team, with 33.2% efficiency.

FuturaSun said that perovskite holds potential benefits for both R&D and industrial production. Alongside the increased efficiencies – which are due to the material being able to absorb a wider range of the light spectrum – it is also relatively simple to synthesise and can be produced through a printing method which can cut industrial costs.

However, the material is very unstable and has yet to be effectively produced at an industrial scale. Perovskite has a tendency to degrade rapidly when exposed to the elements.

The company has recently announced manufacturing capacity expansions in Europe and China. Last month, it unveiled plans for a 10GW solar cell plant in the city of Huai’an, China, representing US$163 million in investment. In March it also announced plans for a 2GW module factory in Cittadella, Italy.

21 May 2024
Napa, USA
PV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 21-22 May 2024, will be our third PV ModulelTech conference dedicated to the U.S. utility scale solar sector. The event will gather the key stakeholders from solar developers, solar asset owners and investors, PV manufacturing, policy-making and and all interested downstream channels and third-party entities. The goal is simple: to map out the PV module supply channels to the U.S. out to 2025 and beyond.
8 October 2024
San Francisco Bay Area, USA
PV Tech has been running an annual PV CellTech Conference since 2016. PV CellTech USA, on 8-9 October 2024 is our second PV CellTech conference dedicated to the U.S. manufacturing sector. The event in 2023 was a sell out success and 2024 will once again gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing in the U.S. out to 2030 and beyond.
26 November 2024
Málaga, Spain
Understanding PV module supply to the European market in 2025. PV ModuleTech Europe 2024 is a two-day conference that tackles these challenges directly, with an agenda that addresses all aspects of module supplier selection; product availability, technology offerings, traceability of supply-chain, factory auditing, module testing and reliability, and company bankability.
11 March 2025
Frankfurt, Germany
The conference will gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing out to 2030 and beyond.

Read Next

Subscribe to Newsletter

Upcoming Events

Solar Media Events
May 1, 2024
Dallas, Texas
Solar Media Events
May 21, 2024
Sydney, Australia