How do the costs of perovskite-silicon tandem solar cells compare to traditional silicon solar panels

How do the costs of perovskite-silicon tandem solar cells compare to traditional silicon solar panels

Perovskite-silicon tandem solar cells currently have higher production costs than traditional silicon panels but promise greater efficiency and future cost reductions. Here’s a detailed comparison:

Cost per Watt

  • Traditional silicon panels: $0.15/W for conventional photovoltaic panels, with TOPCon and other advanced silicon technologies likely lower as costs continue declining.
  • Perovskite-silicon tandems: $0.35/W in the U.S. under current conditions, potentially dropping to $0.26–$0.30/W at 30–35% efficiency.
    • GCL’s projection: $0.075/W (50% of $0.15/W silicon modules), though this reflects a cost-per-watt target rather than current market prices.

Efficiency and Value

  • Silicon panels: 15–22% efficiency, with TOPCon exceeding 24% commercially.
  • Tandems: 25–35% module efficiency, enabling more energy per unit area.
    • Higher efficiency offsets land/installation costs, particularly for large projects.

Key Cost Drivers

  1. Materials: Tandems require specialized glass, encapsulation, and perovskite precursors (e.g., electron transport layers).
  2. Scale: Silicon benefits from decades of optimized supply chains, while tandem manufacturing remains nascent.
  3. Degradation: Tandems lack proven long-term stability, though recent tests (e.g., GCL’s IEC certifications) show progress.

Future Outlook

  • Cost reductions: Expected as perovskite processing scales and silicon cell prices decline further.
  • Market Entry: Tandems may debut in utility-scale projects due to their land-efficiency advantage, with commercial production (e.g., GCL) targeting late 2025.
  • Competitiveness: At ~32.5% efficiency, tandems could undercut silicon’s $/W, especially with incentives like the U.S. Inflation Reduction Act.

Comparison Table

Metric Traditional Silicon Perovskite-Silicon Tandem
Current Cost/Watt $0.15 $0.35+
Efficiency 15–24% 25–35%
Land Use Higher Lower
Commercial Readiness Mature Pilot/early production
Key Advantage Low cost High efficiency

While tandems are currently more expensive, their higher efficiency and projected cost declines position them as a promising successor to silicon panels.

Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/how-do-the-costs-of-perovskite-silicon-tandem-solar-cells-compare-to-traditional-silicon-solar-panels/

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