India’s Solar Revolution Begins—IIT Bombay’s 29.8% Cell Sparks Global Buzz

IIT Bombay achieved a notable solar technology milestone with the invention of a 4-terminal Silicon/CdTe-Perovskite tandem solar cell with record 29.8% conversion efficiency. The breakthrough was spearheaded by ART-PV India, which is a startup incubated at IIT-B, placing India at the forefront of next-generation photovoltaics globally.

 

Main points:

Pilot Plant and Government Support

For a smooth transition from laboratory to market, the Ministry of New and Renewable Energy (MNRE) has sanctioned ₹83 crore to a pilot production unit at IIT Bombay's Powai campus.

 

Key highlights

Strategic Impact

It would reduce the price of solar energy to ₹1/kWh, enhance energy access, and establish India as a global leader in clean energy innovation.

 

Sources: Hindustan Times, Times of India, The Hindu, Economic Times, Indian Express, MSN India.