Recent advances in solar panel technology have made it possible to use a type of perovskite as a cheaper, more efficient alternative to silicon. Perovskite is a mineral composed of a combination of calcium, titanium, and oxygen. It’s dirt-cheap compared to silicon, and its ability to convert light into electricity makes it a promising renewable energy source. The best part? It’s easy to manufacture, meaning it could potentially be used to power homes and businesses in the near future. Scientists have already achieved a 22.1 percent efficiency rate with perovskite solar cells, and they expect this number to increase as research continues. So, watch out silicon—perovskite is coming to revolutionize the solar industry!

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source: Phys.org