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ARENA backs Greatcell Solar with $6m grant funding for printable cell

ARENA backs Greatcell Solar with $6m grant funding for printable cell

The Australian Renewable Energy Agency will provide $6 million to Greatcell Solar to accelerate development of a new printable perovskite solar cell.

Greatcell announced the funding to the ASX as part of a $17.3 million project to develop a new world-class prototype facility to scale up fabrication of high-quality, large-area perovskite devices.

Queanbeyan-based Greatcell Solar aims to commercialize its perovskite solar cells as a potential alternative to conventional silicon solar cell technology. This technology can also be applied to building materials such as glass and metal sheeting.

Ultra-thin perovskite is a new solar cell material with the potential to provide lower cost solar PV cells. Perovskite solar cells have the potential to be manufactured very cheaply using common industrial processes.

The funding follows on from an earlier ARENA grant of $450,000 to demonstrate perovskite solar cells were both efficient and stable, confirming the potential viability of developing them for commercial-scale manufacture.

ARENA CEO Ivor Frischknecht said the technology was an advance towards the potential for ubiquitous, low cost solar.

“We want to move perovskites closer towards commercialization. This will help accelerate
solar PV innovation in Australia, which is one of our key priorities,” he said.

Greatcell Solar managing director Richard Caldwell said: “With this financial support from the Australian Government, we expect to demonstrate that perovskite solar cell technology is a strong candidate for commercialization.

“It has the compelling attributes of lower cost and greater versatility than existing PV technologies. In particular, it is suited to real world solar conditions. In the long term, this technology has the potential to provide a cost competitive and clean energy solution.”

News item provided courtesy of Ecogeneration - www.ecogeneration.com.au