Bill gates has Invested in a solar cell manufacturing company cubic pv which earlier in 2023 planned to setup a 10GW mono wafer factory but in the middle of the execution of the plan they shifted to make a new type of panel which is based on perovskites solar panels which might be double in efficiency than the existing solar technology, and not just cubic PV but there are several companies who are trying to enhance the efficiency of solar cells by making perovskite solar cell which uses tandem effect (layering of Different cells) to make more electricity as with the current solar cell technology they only use about 20% of the sun's energy but when we combine different cells which absorb different spectrum of sunlight we get perovskite cells.
The research on these cells has been going on from a long time but now the companies are promising to deliver the cells by the end of 2024 so let’s take a deeper dive in to the world of these new solar cells and understand how they work, their life expectancy and efficiency, and understand is it really true what companies are talking
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