Key Points

IIT Bombay-incubated startup ART-PV India has developed a groundbreaking 29.8% efficient tandem solar cell, praised by Union Minister Pralhad Joshi as a game-changer for India's renewable energy future. The technology, supported by MNRE's $10 million funding, could exceed 30% efficiency, positioning India as a global leader in photovoltaics. This innovation aligns with India's 100 GW solar mission and Aatmanirbhar Bharat initiative, reducing reliance on imported technology. The breakthrough demonstrates how public-funded research, coupled with policy support, can establish India as a clean energy hub.

Key Points: IIT Bombay Startup's 29.8% Efficient Solar Cell to Transform India's Energy Future

  • IIT Bombay startup achieves 29.8% solar cell efficiency
  • MNRE invests $10M in pilot manufacturing facility
  • Tech surpasses conventional solar panel performance
  • Supports India's 100 GW solar mission
  • Aligns with Aatmanirbhar Bharat clean energy goals
4 min read

IIT Bombay startup's new solar cell will be game-changer for India: Pralhad Joshi

Union Minister Pralhad Joshi hails IIT Bombay's breakthrough perovskite-silicon tandem solar cell, set to revolutionize India's renewable energy sector.

"This technology has the potential to achieve more than 30% efficiency, making India a global leader in next-gen photovoltaics. – Pralhad Joshi"

Mumbai, July 15

Union Minister for New and Renewable Energy Pralhad Joshi on Tuesday said IIT-Bombay-incubated startup - Advanced Renewable Tandem-Photovoltaics India (ART-PV India) has developed a 2-Terminal Monolithic Silicon/CdTe-Perovskite tandem solar cell with a conversion efficiency of 29.8 per cent, which is a game-changer for the country’s solar energy future.

“This technology has the potential to achieve more than 30 per cent efficiency, far surpassing conventional solar panels, making India a global leader in next-gen photovoltaics, and by investing in such innovations, we are driving down the cost of solar energy, making it more accessible for all Indians,” the minister said.

“This is a national milestone and one of the highest performance levels ever achieved in India,” he remarked.

The minister visited the National Centre for Photovoltaic Research and Education (NCPRE) in IIT Bombay and held an interactive meeting with its Investigators and Advisory Board Members. He took a look at the Perovskite Tandem solar cell lab, Silicon Fab laboratory, and Medium voltage Laboratory at NCPRE and interacted with the scientists.

NCPRE was launched at IIT Bombay in 2010 with funding from the Ministry of New and Renewable Energy (MNRE) of the Government of India. The broad objectives of NCPRE are to provide R&D and education support for India’s ambitious 100 GW solar mission. MNRE has provided over Rs 200 crore in funding to NCPRE, IIT Bombay, over the last 15 years.

MNRE is also supporting ART-PV India with $10 million (about Rs 83 crore) for establishing a state-of-the-art pilot manufacturing facility on the IIT-B campus, in line with the commitment to nurturing domestic Intellectual Property, and ensuring Indian innovation reaches global markets. MNRE will continue to provide policy and financial support to ensure India’s RE sector thrives on innovation and self-reliance, said Pralhad Joshi.

Joshi said, "The Ministry of New and Renewable Energy is proud to support NCPRE’s pioneering work in high-efficiency, low-cost Silicon-Perovskite Tandem Solar Cells, a game-changer for India’s solar energy future.” At a time when the world is seeking efficient, affordable, and scalable solar energy solutions, this innovation gives India a leadership edge, he added.

He said that this is not just a lab-scale breakthrough, it is a blueprint for clean, scalable, and Aatamnirbhar energy production. India is not just adopting renewable energy but defining its future through research in perovskite solar cells, inverter technology, PV-reliability, green hydrogen, and energy storage, he added.

Joshi said that the Union Ministry of New and Renewable Energy (MNRE) was committed to advancing cutting-edge renewable energy technologies under the vision of Aatmanirbhar Bharat, ensuring India leads in clean energy innovation. In this respect, MNRE’s support to premier institutions like NCPRE, IIT Bombay, strengthens domestic R&D, reducing reliance on imported technology and fostering indigenous manufacturing.

Through initiatives like the Renewable Energy Research & Technology development (RE-RTD) and R&D funding schemes, MNRE is enabling institutions like NCPRE to accelerate lab-to-market transitions, further stated Joshi. He added that NCPRE’s work exemplifies how public-funded research, when coupled with policy support, can position India as a global clean energy hub.

Highlighting MNRE’s strategic support for R&D & commercialisation, Joshi urged the IIT Bombay-ART PV team to commercially demonstrate that Perovskite Tandem Solar Cells are not only scalable but also profitable.

“By making advanced technologies accessible to industry, we will not just be driving efficiency but also building a stronger innovation ecosystem,” he said.

Joshi further stated that this approach aligns perfectly with the larger vision of the Central Government under the leadership of Prime Minister Narendra Modi to turn Indian R&D into global benchmarks.

He stated that the Union Cabinet approved the Research Development and Innovation (RDI) Scheme just two weeks back, and the budget for Gross Expenditure on Research and Development (GERD), stands at Rs. 1.27 lakh crore.

IIT Bombay Director Prof. Shireesh Kedare, NCPRE Principal Investigators (PIs) Prof. Baylon G. Fernandes and Prof. Chetan Singh Solanki, and ART-PV India Co-Founder Prof. Dinesh Kabra were present on the occasion.

- IANS

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Reader Comments

P
Priyanka N
While this is impressive, I hope the government ensures proper funding continues beyond the pilot stage. Too many great Indian innovations die because of lack of sustained support. Also, what about recycling these panels when they reach end-of-life?
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Aditya G
Jai Hind! This is exactly what we need for Make in India. Solar energy is the future and with this technology, we can reduce our dependence on foreign imports. Proud of IIT Bombay team 👏 Hope other IITs follow suit with similar innovations.
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Sarah B
As someone working in renewable energy sector, I'm cautiously optimistic. The efficiency numbers are great, but real test will be durability and cost-effectiveness at scale. Hope they can maintain quality when mass-producing. Still, big step forward for India!
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Karthik V
Finally some good news about climate solutions! But government should also focus on creating awareness about solar energy in rural areas. Technology is useless if people don't adopt it. Maybe tie this with PM Surya Ghar scheme?
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Nisha Z
₹200 crore over 15 years seems like small investment for such groundbreaking work. China spends 10x more on similar research. We need to increase R&D budgets if we want to compete globally in clean tech. Still, great achievement by IITB team!

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