Risen achieves 30.99% efficiency with its HJT-perovskite tandem solar cells

Risen has reached a milestone with 30.99% efficiency using its HJT-perovskite tandem solar cells, marking a major advancement in solar panel performance and durability.

Share:

Risen Energy, a key player in the solar sector, has announced a new record with a tandem solar cell using HJT (Heterojunction Technology) combined with a perovskite layer, reaching an efficiency of 30.99%. This achievement represents a significant breakthrough in high-efficiency solar cell research, overcoming the limitations of conventional single-junction technologies.

Tandem solar cells, which utilise different materials to capture a broader range of light wavelengths, enable efficiency levels beyond those of single-junction cells. By combining materials such as silicon to absorb long-wavelength light and perovskite for short wavelengths, these cells harness a wider spectrum, increasing overall efficiency. Theoretically, tandem cells could exceed 44% efficiency, far beyond the 33% theoretical ceiling of conventional solar cells.

Advantages of HJT-perovskite cells

HJT cells, which already offer high efficiency and low degradation due to ageing or temperature fluctuations, provide an ideal foundation for integrating perovskite. These cells use indium tin oxide (ITO) as a transparent conductive layer, improving electrical connectivity between stacked cell layers. This feature simplifies manufacturing and optimises overall performance.

The integration of perovskite does not require major modifications to existing HJT production lines, allowing Risen to maximise its equipment usage and preserve investments. Additionally, HJT cells are produced with a reduced carbon footprint and lower consumption of materials and energy, positioning them as a more sustainable photovoltaic technology.

Challenges and prospects

Despite these advancements, perovskite technology faces several challenges. Durability remains a key concern, as perovskite cells degrade rapidly under UV exposure and humidity, with a lifespan of less than five years compared to over 30 years for silicon. Risen is working on nano-encapsulation solutions and self-repairing materials to improve the durability of its cells.

In terms of production, maintaining uniformity in large-scale perovskite film deposition remains a technical hurdle. Nevertheless, Risen’s progress suggests the potential for future commercialisation of more robust and efficient tandem cells.

Risen plans to deliver 740W HJT modules in 2025, with tandem cell prototypes reaching 800W. By 2027, the company aims to launch modules exceeding 850W, with an annual degradation rate below 0.25%, an ambitious target that could reshape the solar industry.

Emerging economies from the BRICS group now account for more than half of global solar electricity production in 2024, driven mainly by China, India, and Brazil, according to a new report by the organisation Ember.
Star Trade, a subsidiary of HD Renewable Energy, has signed a power purchase agreement with Lightsource bp to manage electricity distribution from a 115 MWp solar project located in Chiayi, strengthening their presence in the Taiwanese market.
TotalEnergies will develop a 1.8 MW photovoltaic installation for Daehwa Pharmaceutical, covering approximately 20% of the annual energy requirements of the production site located in Hoengseong-gun, South Korea, under a 20-year agreement.
Quinbrook Infrastructure Partners announces full operational launch of Cleve Hill Solar Park, now becoming the largest active photovoltaic power plant in the United Kingdom with a total installed capacity reaching 373 MW.
European photovoltaic module manufacturer BISOL is integrating G12R solar cells into its product range, replacing the former M10 cells, to improve product performance and technological competitiveness starting from the second quarter of 2025.
Adani Green Energy Limited becomes the first Indian company to achieve 15,539.9 MW of operational renewable capacity, cementing its position among the global top 10 independent green power producers.
Italian group Pronur establishes itself in Saudi Arabia with support from AstroLabs, aiming to provide advanced technologies in the renewable energy sector and develop new industrial partnerships.
Ascent Solar Technologies, Inc. announces the launch of a $2mn public offering to finance working capital, product development and general expenses.
Ardian Clean Energy Evergreen Fund takes control of 117 photovoltaic plants totalling 116 MW in Italy, further consolidating its presence in the country’s renewable energy sector.
Zelestra has secured $282mn financing from Natixis CIB, BNP Paribas and BCI for its Aurora project, combining a 220 MWdc solar plant and 1 GWh storage capacity in the Tarapacá region, Chile.
Egypt has been building an industrial photovoltaic solar complex in Ain Sokhna since June 19, aiming to stimulate strategic local production with a total investment of $200 million funded by the Chinese group Sunrev.
Générale du Solaire has inaugurated in Leutenheim, Bas-Rhin, a floating photovoltaic plant of approximately 20 MWc installed on a former gravel pit, marking the region's first large-scale project supported by successful local participatory funding.
Plenitude and Modine have signed an agreement to build a photovoltaic plant with an installed capacity of 1.585 MWp in Pocenia, designed to power thermal and refrigeration equipment at Modine’s Italian industrial site, without initial investment.
Namibia begins construction of its largest solar plant, Sores|Gaib, aiming to reduce dependence on energy imports by leveraging its solar potential, considered among the highest globally according to the World Bank.
Bangladesh’s interim government has ordered mandatory deployment of solar systems on public building rooftops to reduce reliance on costly fossil fuel imports amid a fragile economic backdrop.
The Energy Progress Report 2025 shows an improvement in global electricity access to 92%, but highlights that 666 million people remain without electricity, particularly due to insufficient international funding for rural areas.
Estimated at $384.4mn in 2025, the global photovoltaic panel recycling market is expected to grow annually by 7.4%, reaching $548mn in 2030, driven by the rapidly increasing number of installations reaching end-of-life.
Estimated at $613.57bn in 2025, the global photovoltaic market is expected to reach $968.32bn by 2030, driven by declining costs and growing demand from residential and utility sectors, according to a MarketsandMarkets analysis published on June 26.
Sasol International Chemicals concludes a virtual contract with Akuo to supply half of the electrical needs for its Lake Charles industrial complex in the United States, via a solar plant scheduled for 2026.
Eurowind Energy initiates a €174.8mn investment to build a 220 MW solar park in Vișina, Romania, capable of supplying around 150,000 households annually.