The results open up new business opportunities for Saule Technologies, a company based in Wroclaw, Poland. Saule's flexible perovskite photovoltaic devices are ideally suited for powering electronic devices indoors and in low-light conditions, making them a perfect solution for various Internet of Things (IoT) applications. Crucially, this futuristic technology is ready for market deployment, and Saule Technologies, as the first company in the world, was able to transfer the cell manufacturing process from the R&D stage to large-scale production.
“Our first factory is already printing perovskite devices suitable for the IoT sector. Now that we have successfully entered the commercialization phase, we will expand our business. The time has come to build new factories around the world with much higher production yields, as demand is growing rapidly. The IoT market will be worth US$1.1 trillion by 2025, and we are ready for it,” said Dr. Olga Malinkiewicz, co-founder and CTO of Saule Technologies.
The potential of perovskite photovoltaic technology extends far beyond the IoT market, and the first commercial deployment will help mature the technology to reach its full potential at scale, with a wide range of applications.
The cells are also energy sources for BIPV, BAPV, e-mobility, and many other business sectors. For example, Skanska is pioneering a method for cladding the exteriors of office buildings with semi-transparent perovskite solar cells, supplied by Saule Technologies, at a commercial scale.
