GraphEnergyTech has launched a new project to replace metal electrodes in solar cells with its graphene electrodes for perovskite solar cells
It is collaborating with the University of Cambridge, and Taiwan’s TPSC and ITRI
Innovate UK has granted £884,129 to support the GETPSC project, divided between GraphEnergyTech and University of Cambridge
GraphEnergyTech, a company developing graphene electrodes to replace metal electrodes in solar cells, has secured a £884,129 ($grant from the UK government’s innovation agency Innovate UK. It will use the proceeds to develop commercial perovskite solar modules using its proprietary technology.
A portfolio company of UK-based Frontier IP, GraphEnergyTech is collaborating with the Taiwan Perovskite Solar Corporation (TPSC), Taiwan’s Industrial Technology Research Institute (ITRI), and University of Cambridge for the project Graphene Electrode Technology for Perovskite Solar Cells (GETPSC).
The Innovate UK grant is split as £591,250 for GraphEnergyTech and £292,879 for the University of Cambridge.
Silver is currently the material of choice for solar cell manufacturing globally. While the use of silver makes solar PV manufacturing expensive, companies globally are experimenting with copper to lower silver’s use. However, GraphEnergyTech argues that graphene is more cost-effective and sustainable than metal electrodes with better chemical stability.
Through GETPSC, the team aims to improve the reliability of perovskite solar cells and make them more viable commercially by replacing unstable metal electrodes with graphene. It will use the proceeds to develop commercial perovskite solar modules using GraphEnergyTech and TPSC technology.
It will also collaborate with the Taiwanese semiconductor manufacturing industry to address challenges in achieving cost-effective manufacturing of perovskite solar technology at scale.
“The collaboration with leading Taiwanese organisations and the support from Innovate UK, provides strong validation for its technology and we are looking forward to the results of this project,” said Frontier IP Chief Executive Neil Crabb.
Beyond solar cells, GraphEnergyTech says its graphene technology can also be used for printed electronics, batteries, super capacitators, LED lighting and displays.
Previously in August 2024, Saudi Arabia’s oil and natural gas giant Aramco led a £1 million pre-seed funding round for GraphEnergyTech (see Saudi Oil Giant Leads Investment Round For Graphene Electrodes Firm).
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