P3C Technology's Breakthrough in Perovskite Solar Cells for 2026
Discover P3C Technology's innovative perovskite solar cells, aiming for reliability and efficiency in 2026. Learn about their products, challenges, and future plans.
LazyFounders
30 SEC SUMMARY
P3C Technology, founded in 2019, is pioneering perovskite solar cells with a focus on durability and efficiency. The company, incubated at FITT IIT Delhi, has developed two products: MySUN Glass and MySUN Flex, with a certified cell efficiency of 19.3%. They aim for gigawatt-scale capacity by 2027, despite challenges in commercialization.
TABLE OF CONTENTS
KEY HIGHLIGHTS
- P3C Technology is India's first perovskite solar cell manufacturer.
- The company has a certified cell efficiency of 19.3%.
- P3C Technology aims for gigawatt-scale capacity by 2027.
- The company launched P3SKY platform in March 2026 for real-world testing.
Company Overview
P3C Technology was founded in 2019 by Sooraj Kumar, who began his research on perovskite materials at IIT BHU and later incubated at FITT, IIT Delhi. Headquartered in Gurugram, Haryana, the company focuses on developing perovskite solar cells and modules.
Products and Technology
P3C Technology offers two main products: MySUN Glass and MySUN Flex. MySUN Glass places perovskite modules on glass, similar to conventional panels, while MySUN Flex uses flexible substrates, showcasing perovskite's advantage over silicon in flexibility. The company's certified cell efficiency is 19.3%, verified by the National Institute of Solar Energy.
Market Applications
P3C Technology's markets are vast, including commercial installations, rooftops, automobiles, space, defense, railways, and agriculture. They are also developing perovskite-silicon tandem modules and anti-soiling and anti-reflective coatings.
Funding and Future Plans
Initially funded by a grant from FITT at IIT Delhi, P3C Technology received a $250,000 seed round from Oberoi Thermit in June 2023, with a further $3 million conditional on successful trials. The company targets gigawatt-scale capacity by 2027, aiming to scale up from its current hundreds of kilowatts production line.
Challenges and Innovations
The primary challenge for perovskite solar cells has been their degradation under environmental conditions. P3C Technology addresses this with the P3SKY platform, launched in March 2026, which allows manufacturers to test modules under real-world conditions before production.
FAQs
What is P3C Technology's main product?
P3C Technology's main products are MySUN Glass and MySUN Flex, which utilize perovskite technology for solar cells.
What is the certified efficiency of P3C Technology's solar cells?
The certified efficiency of P3C Technology's solar cells is 19.3%, verified by the National Institute of Solar Energy.
What are P3C Technology's future plans?
P3C Technology aims to reach gigawatt-scale capacity by 2027, significantly scaling up from its current production levels.
Conclusion
P3C Technology stands at the forefront of perovskite solar cell innovation, focusing on overcoming the technology's main challenge of durability. With a strong foundation in research and a clear vision for the future, the company is poised to make significant strides in the renewable energy sector by 2026.
Call-to-Action
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Sources
This story is an original summary and analysis written by LazyFounders from the reporting listed above. Facts are attributed to their original publishers; sections marked as analysis are LazyFounders's opinion. Where a source is in another language, facts were machine-translated and quotations are reported, not reproduced. Read the original coverage via the links.
