Posted on 25th March 2026 | Modified on 25th March 2026
More than 100 companies in China, led by CATL and BYD, are mass producing thin, light-weight perovskite solar cells, reports the Nikkei.
Last year, UtmoLight started up what is intended to be a 1GW factory making 1.8 million cells a year with a conversion efficiency of 17.44%.
Hangzhou Microquanta Semiconductor Technology has been in production for four years with a 100MW annual capacity.
Last year, Kunshan GCL Optoelectronic Materials brought up a $726 million with a capacity of 1GW intending to rise to 2GW.
Renshine Solar (pictured) makes perovskite modules and considered to be a top ten producer.
Hiking PV started construction of a 7 GW perovskite tandem cell facility in 2023, aiming for completion by late 2025.
Mellow Energy is building a 100 MW and targeting GW‑scale capacity.
MicroQuanta has commissioned an 8.2 MW plant using its 90 W perovskite panels.
With the power conversion efficiency of silicon solar cells approaching its theoretical limit, perovskite solar cells offer countless combinations of materials that create significant room for improvement.
See all our Perovskite content.
David Manners
David Manners has more than forty-years experience writing about the electronics industry, its major trends and leading players. As well as writing business, components and research news, he is the author of the site’s most popular blog, Mannerisms. This features series of posts such as Fables, Markets, Shenanigans, and Memory Lanes, across a wide range of topics.
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