Low-cost Perovskite solar cells

What is Perovskite: 

• It is a calcium titanium oxide mineral composed of calcium titanate.
• It is also found in meteorites.

Perovskite solar cells:

• It is a type of solar cell that uses perovskite materials for the generation of solar power by sunlight. 
• They have gained attention due to their high efficiency and potential for low-cost production.

Advantages: 

• High Efficiency: They can convert a large amount of sunlight into electricity, making them highly efficient in generating power.

• Cost-Effectiveness: It is relatively inexpensive and easy to manufacture.

• Versatility: Perovskite solar cells can be made flexible and lightweight, allowing for various applications.

• Rapid Progress: Thus technology has been advancing rapidly, with continuous improvements in efficiency and stability, promising even better performance in the future.

Why in news?

• International Advanced Research Centre for Powder Metallurgy and New Materials (ARCI), Hyderabad, has developed highly stable, inexpensive  Carbon-based perovskite solar cells (CPSCs).