Oxford PV pushes tandem SHJ/perovskite cell conversion efficiency to record 29.52%

Facebook
Twitter
LinkedIn
Reddit
Email
The record cell conversion efficiency exceeds that of Oxford PV’s previous record tandem cell with a 27.3% conversion efficiency only around 18 months ago. The company said it was increasing cell efficiencies by 1% per year. Image: Oxford PV

Perovskite solar cell developer Oxford Photovoltaics (PV) has smashed its previous industry cell efficiency record for a tandem silicon heterojunction/perovskite 2T (Terminal) solar cell, which has been certified by the US National Renewable Energy Laboratory (NREL) at 29.52%.

The record cell conversion efficiency exceeds that of Oxford PV’s previous record tandem cell with a 27.3% conversion efficiency only around 18 months ago. The company said it was increasing cell efficiencies by 1% per year.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Dr Chris Case, Chief Technology Officer at Oxford PV, commented: “This perovskite on silicon solar has at 29.52%, certified by the National Renewable Energy Laboratory (Golden, Colorado, USA), not only breaking our Company record but breaking the performance record of 29.2% for any solar cell material (GaAs).

Our solar cells and modules not only demonstrate record efficiency but have passed externally measured industry standard reliability tests from the International Electrotechnical Commission. The considerable progress we have made is thanks to our dedicated and skilled scientists and engineers in the UK and a validation of the entire global perovskite research community who have been contributing to making perovskite successful. Our innovative approach is a breakthrough for solar power efficiency and will be instrumental in paving the way for an all-electric future,” noted Case.

Oxford PV’s perovskite-on-silicon solar cell technology roadmap was said to extend beyond 30% conversion efficiencies.

Read Next

July 10, 2026
The financing will support the Government of India’s PM Surya Ghar: Muft Bijli Yojana (PMSMGBY) initiative.
July 10, 2026
Metlen has acquired a 40% stake in a SPV owned by Tsakos Group to develop a 251.9MW solar-plus-storage project in central Greece.
July 10, 2026
Renewables developer Elawan Energy has closed a €760 million financing on a 1.3GW solar PV, wind and battery energy storage system (BESS) portfolio in Spain.
Premium
July 10, 2026
Speaking to PV Tech Premium, Renewabl CEO JP Cerda discusses how hourly matching is reshaping Europe’s corporate solar PPA market.
July 10, 2026
The price of PV modules in Europe has continued the upward trend in June 2026, except for the bifacial TOPCon segment.
July 10, 2026
The so-called “One, Big, Beautiful Bill” Act (OBBBA) has cost the US US$68.2 billion in capital investments into clean energy projects, according to analysis from business advocacy group E2.

Upcoming Events

Solar Media Events
October 13, 2026
San Francisco Bay Area, USA
Solar Media Events
November 3, 2026
Málaga, Spain
Solar Media Events
November 24, 2026
Warsaw, Poland
Solar Media Events
April 20, 2027
Istanbul, Türkiye