Study, assessment and proof of market potentials and economics of a new hybrid solar cell technology for portable devices and building-integrated photovoltaic applications

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The majority of photovoltaic (PV) market is currently based on crystalline silicon, which theysuffer from relatively high production cost at large scale due to tedious processing condition,which may escalates its payback time. Silicon based modules currently cost 0.65 £/Watt andhave efficiencies less than 20% which is far from industry's targets of 0.03 £/Watt. This callsfor the development of new types of PV cells, having the potential to radically diminishingmanufacturing costs, through the development of organic, inorganic or hybrid materialssystems that can be employed as thin films.Nava technology, spun out from Cambridge University's Physics Department, has developed aunique and patent-pending Nanoscale Inkjet Printing (NIP) technology for Nanostructuredhybrid organic-inorganic PSC, which promises a significant enhancement in device lifetimeby x4 and a substantial 60% cost reduction through materials engineering along withutilization of scalable and inexpensive synthesis and manufacturing techniques. Its higherefficiency, reaching 21% from 0.5 cm2 devices, combined with its lower cost of bothprecursors and processing routes as well as improved stability compare to alternative organicPV, will enable far greater applications to become economically viable, e.g. electricitygeneration from building-integrated PV; its exploitation as a result contributing towardsachieving more cost-effective PV systems.