The lifespan of perovskite solar cells significantly impacts their cost-effectiveness. Traditionally, perovskites have been limited by their short lifespan, which restricts their commercial viability compared to silicon solar cells, which can last over 25 years. Recent advancements, such as the development of perovskite solar cells with lifespans of up to 30 years, are crucial for improving their cost-effectiveness. Enhanced durability and stability under real-world conditions are necessary for perovskite cells to become more competitive. By extending their lifespan, these advancements could reduce the need for frequent replacements, thereby lowering long-term costs and making perovskite solar cells a more attractive alternative to traditional silicon-based technology.
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