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Home - Solar Industry - Japan aims to deploy 20 GW of perovskite solar power by 2040
Solar Industry

Japan aims to deploy 20 GW of perovskite solar power by 2040

solarenergyBy solarenergyNovember 28, 2024No Comments2 Mins Read
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The Japanese government says it expects perovskite solar panels to be produced in large quantities at 20 JPY ($0.13)/W in 2025, 14 JPY/W in 2030 and 10 JPY/W in 2040.

November 28, 2024
Emiliano Bellini

A perovskite cell developed by the Japanese EneCoat

Image: Image: EneCoat Technologies Co., Ltd.

The Japanese Ministry of Economy, Trade and Industry (METI) said this week that it plans to deploy about 20 GW of new PV systems based on perovskite solar cell technology by 2040.

The ministry said it also plans to support Japanese manufacturers in the production of perovskite solar panel technologies in the future. It noted that European and Chinese companies have made the most efforts to build a perovskite PV supply chain to date.

The government stated that perovskite solar panels can be installed in locations unsuitable for conventional modules due to their light weight and flexibility.

“We will work with the public and private sectors to achieve mass production and create demand,” the report said. “If we reflect on the past experience of losing competitiveness due to technology leakage through human resources and production equipment, we will benefit from the characteristic of film-type perovskite solar cells, where know-how related to material processing and production processes determines competitiveness. ”

The ministry also said that perovskite solar panels could be produced at JPY 20/W by 2025, JPY 14/W by 2030 and JPY 10/W by 2040.

“We will create a virtuous cycle of cost reduction and demand expansion in the early stages of deployment,” it added, noting that gigawatt-scale production capacity should be in place by 2030.

See also  Midwest Green Bank partners with IBEW for low-income solar projects

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