Economically sustainable growth of perovskite photovoltaics manufacturing

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dc.contributor.author Mathews, Ian
dc.contributor.author Sofia, Sarah
dc.contributor.author Ma, Erica
dc.contributor.author Jean, Joel
dc.contributor.author Laine, Hannu S.
dc.contributor.author Siah, Sin Cheng
dc.contributor.author Buonassisi, Tonio
dc.contributor.author Peters, Ian Marius
dc.date.accessioned 2020-10-09T09:19:49Z
dc.date.available 2020-10-09T09:19:49Z
dc.date.issued 2020-02-06
dc.identifier.citation Mathews, I., Sofia, S., Ma, E., Jean, J., Laine, H. S., Siah, S. C., Buonassisi, T. and Peters, I. M. (2020) 'Economically sustainable growth of perovskite photovoltaics manufacturing', Joule, 4(4), pp. 822-839. doi: 10.1016/j.joule.2020.01.006 en
dc.identifier.volume 4 en
dc.identifier.issued 4 en
dc.identifier.startpage 822 en
dc.identifier.endpage 839 en
dc.identifier.issn 2542-4351
dc.identifier.uri http://hdl.handle.net/10468/10645
dc.identifier.doi 10.1016/j.joule.2020.01.006 en
dc.description.abstract The significant capital expense of photovoltaics manufacturing has made it difficult for new cell and module technologies to enter the market. We present two technoeconomic models that analyze the sustainable growth of perovskite manufacturing for an R2R single-junction technology and a perovskite-silicon tandem module, focusing on the impacts of economies of scale and average selling price on profitability. We establish a cost range of $3.30/W to $0.53/W for flexible modules manufactured in factory sizes ranging from 0.3 MW/year to 1 GW/year. In addition, we model the cost to manufacture a tandem module consisting of a single-junction perovskite cell stacked in 4-terminal configuration onto a silicon cell and show how an existing manufacturer can grow at a faster rate by co-investing in tandems. Our analyses highlight potential routes to market for perovskite photovoltaics and the possibility to sustainably grow a photovoltaics manufacturing company even in markets with higher labor rates. We show how technoeconomic modeling of cleantech products versus scale can be an important tool in assisting a more rapid uptake of new energy technologies that often struggle to leave the lab. Our analyses highlight potential routes to market for perovskite photovoltaics and the possibility to sustainably grow a photovoltaics manufacturing company even in markets with higher labor rates. More generally, although technoeconomic modeling has proven to be a useful tool for assessing cleantech industries as they are and the long-term potential of new technologies once they reach scale - we encourage other cost modelers to quantify the impact of economies of scale during manufacturing growth to help in the search for viable and sustainable market on-ramps for their technologies. The significant capex of photovoltaics manufacturing has made it difficult for new cell and module technologies to enter the solar power market. We show how technoeconomic modeling of cleantech products versus scale can be an important tool in assisting the commercialization of new energy technologies that often struggle to leave the lab with our analyses focusing on potential routes to market for perovskite photovoltaics. en
dc.description.sponsorship Massachusetts Institute of Technology (Martin Family Society of Fellows for Sustainability); Shell | MIT Energy Initiative (Summer UROP grant); National Science Foundation and U.S. Department of Energy (Quantum Energy and Sustainable Solar Technologies (QESST) ERF); National Research Foundation, Singapore (Singapore MIT Alliance for Research and Technology’s ‘‘Low energy electronic systems (LEES)’’ IRG) en
dc.format.mimetype application/pdf en
dc.language.iso en en
dc.publisher Elsevier Inc. en
dc.rights © 2020, the Authors. All rights reserved. This document is the pre-print version of an article that was subsequently accepted for publication in Joule (© Elsevier Ltd.) after peer review. To access the final edited and published work see https://doi.org/10.1016/j.joule.2020.01.006 en
dc.subject Cleantech en
dc.subject Flexible perovskites en
dc.subject Perovskites en
dc.subject Photovoltaics manufacturing en
dc.subject Sustainable finance en
dc.subject Tandem solar cells en
dc.subject Technoeconomic modeling en
dc.title Economically sustainable growth of perovskite photovoltaics manufacturing en
dc.type Article (peer-reviewed) en
dc.internal.authorcontactother Ian Matthews, Tyndall Photonics, University College Cork, Cork, Ireland. +353-21-490-3000 Email: ian.mathews@tyndall.ie en
dc.internal.availability Full text available en
dc.date.updated 2020-10-09T08:45:52Z
dc.description.version Submitted Version en
dc.internal.rssid 539598034
dc.contributor.funder Horizon 2020 en
dc.contributor.funder Massachusetts Institute of Technology en
dc.contributor.funder Shell en
dc.contributor.funder National Science Foundation en
dc.contributor.funder U.S. Department of Energy en
dc.contributor.funder National Research Foundation, Singapore en
dc.description.status Peer reviewed en
dc.identifier.journaltitle Joule en
dc.internal.copyrightchecked Yes
dc.internal.licenseacceptance Yes en
dc.internal.IRISemailaddress ian.mathews@tyndall.ie en
dc.relation.project info:eu-repo/grantAgreement/EC/H2020::MSCA-IF-GF/746516/EU/Photon-recycling for high-efficiency energy harvesting in GaAs photovoltaic devices on silicon/RECHARGE en


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