A new solar technology is emerging that doesn’t require massive rooftops or sprawling solar farms to work effectively. It is perovskite solar cells, thin enough to slip into the devices you already own, efficient enough to keep them running, and cheap enough to make energy independence accessible to everyone.
The material still faces challenges but research is overcoming material degradation issues. The perovskite solar cell market valued at US$ 350 million in 2024 is expected to grow to $8.8 billion by 2034, a compound annual growth rate of 38.05%.
