InteliSpark client, nTact, wins a phase II Small Business Technology Transfer grant from the National Science Foundation to develop new, low-cost and high efficiency perovskite solar cells.
A source of energy that is renewable, accessible and abundant is right outside our window. Scientists have spent many years perfecting ways to harness the sun’s energy into electricity. Solar panels, made up of solar cells which convert the sun’s energy into electricity, have many advantages such as reducing our carbon footprint and reducing electricity bills. And researchers have discovered that a particular type of solar cells, namely perovskite, have increased conversion efficiency from 3% in 2006 to 24% in 2019, showing promise for higher performance. Yet, issues such as device lifetime, high costs, controllable perovskite deposition, and manufacturing processes are setbacks for perovskite solar cells to be competitive in the market.
nTact, in partnership with the Texas State University, will address these issues by advancing to phase II funding of their project to develop reliable, reproducible, cost-effective, and highly efficient perovskite solar cells based on their innovative slot-die coating technique. Researchers will significantly reduce manufacturing and installation costs by using novel technology to make parts that can be printed on plastic foils.