IIT Roorkee's Perovskite Start-Up Wins in IOCL Challenge for Solar Innovation

IIT Roorkee's Perovskite Innovation Pvt Ltd wins Indian Oil's Start-Up Challenge award, aiming to drive green energy initiatives for a sustainable future. Know details here 

Perovskite Innovation Pvt Ltd, an Indian start-up focusing on indigenous perovskite solar cell production, incubated at IIT Roorkee's Tides Business Incubation Center, announces winning Indian Oil's Start-Up Challenge award. This accolade highlights the team's innovative work in affordable solar window solutions, reshaping renewable energy technology.

With a mission to combat this challenge head-on, Perovskite Innovation has focused on harnessing the potential of perovskite solar cells (PSCs) to drive a cleaner, more sustainable future. Perovskite Innovation stays dedicated to pushing forward solar window technology and is now concentrating on enhancing high-efficiency silicon-perovskite tandem solar cells. 

With collaborative efforts and ongoing innovation, the company aims to be instrumental in achieving a greener, more sustainable energy future. Perovskite materials exhibit a remarkable capacity for light absorption, coupled with a broad absorption cross-section, enabling efficient energy harvesting even in low-light conditions. The semi-transparent nature of PSCs, coupled with their colour tunability and cost-effectiveness, positions them as a frontrunner in the quest for renewable energy solutions.

Prof. Soumitra Satapathi, Co-Founder of Perovskite Innovation Pvt Ltd and Faculty in the Physics Department of IIT Roorkee, remarked, "The proposed technology aims to maximize solar cell efficiency while maintaining the transparency of the devices, ultimately culminating in the scaling up of the technology to produce a prototype."

Prof. K.K. Pant, Director of IIT Roorkee, said, "This integration represents a promising avenue towards achieving our net-zero targets, leveraging innovative technologies to propel us towards a sustainable future."

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