New materials called perovskites added to the existing silicon layer on the solar cell will allow more efficiency and produce greater electricity. What additional technological advancements in this green energy source are in development and which are already in use?
Renewable energy is poised to continue its torrid growth as the world presses to decarbonize power grids. But the next phase of growth will require delivering on two key fronts: Driving further cost reductions, as the sector has done for decades, while also contributing to a more resilient and reliable energy system by tackling the challenges of intermittency and cannibalization. What technologies will drive the next wave of cost reductions? What strategies are industry leaders exploring to mitigate the challenges of cannibalization, reliability, supply chain vulnerability and sustainability?