Pursuit of ultra low-cost perovskite solar with graphene wins government backing

Published by

Queensland-based research efforts to cut the cost of flexible perovskite solar cell production using lower cost, more abundant alternatives and more efficient manufacturing methods have won federal government funding, as part of Australia’s renewed pursuit of ultra low-cost solar.

The research and development collaboration is made up of Western Australian graphene supplier First Graphene and Halocell Energy, headquartered out of Wagga Wagga and Italy, as well as Queensland University of Technology (QUT).

Together, the three groups were awarded just over $2 million by Australian government through its Cooperative Research Centres Project (CRC-P) funding stream, which will support the R&D project over the next three years.

At the core of the joint effort is a bid to commercialise ultra low-cost and flexible perovskite solar cell fabrication techniques using Halocell’s roll-to-roll (R2R) production process at its Wagga Wagga plant.

Such scalable fabrication would help meet an anticipated 31% compound annual growth rate in the perovskite solar cell market, according to First Graphene, a market which is estimated to be valued at $US7.38 billion by the end of this decade.

“Thin Film Solar technology is the future of ultra low-cost manufacturing in Australia, as recognised by federal government’s critical technologies list,” said Paul Moonie, CEO of Halocell Energry.

“Working with QUT and First Graphene for this project is an exemplar of our real-world approach. QUT as the university for the real world and First Graphene as the reliable producer of graphene based materials with high end performance characteristics.”

Also among the priorities for the project is First Graphene’s development of cost-effective graphene-based electrode replacements for high-cost conductor materials used in cell production such as gold and silver.

According to First Graphene, solar cells made with alternative carbon-based materials have been found to outperform conventional silicon cells in low and artificial light conditions, such as indoor environments.

Halocell Energy is amongst those who have proved the potential of carbon-based materials, having used graphene for electrode materials in its perovskite cells and increased efficiency by up to 38% and reduced production cost by over 83%.

First Graphene will therefore be focusing during this R&D project on the research, development, and provision of graphene formulations to produce the material ink used in perovskite solar cell manufacturing.

“Graphene’s unique properties as a carbon-based replacement in conductive environments means it is increasingly considered for use in energy storage and transfer applications,” said Michael Bell, managing director and CEO of First Graphene.

“Our collaboration with Halocell Energy and QUT will help develop new materials and processing technology for high performance perovskite solar cells, opening the door for high-tech commercial materials and manufacturing of cell components in Australia.

“Validation of these graphene-based materials will help build a strong business case for full-scale commercial production of both perovskite cells and the materials needed to make them in large volumes.”

Joshua S. Hill is a Melbourne-based journalist who has been writing about climate change, clean technology, and electric vehicles for over 15 years. He has been reporting on electric vehicles and clean technologies for Renew Economy and The Driven since 2012. His preferred mode of transport is his feet.

Joshua S Hill

Joshua S. Hill is a Melbourne-based journalist who has been writing about climate change, clean technology, and electric vehicles for over 15 years. He has been reporting on electric vehicles and clean technologies for Renew Economy and The Driven since 2012. His preferred mode of transport is his feet.

Share
Published by

Recent Posts

Energy Insiders Special: The missing molecules – SAF, energy security and Australia’s next industrial opportunity

Much of Australia's energy transition debate has focused on electricity – renewables, transmission, batteries and…

18 August 2026

“Fingerprints” of grid-forming inverters to be studied to assess their ability to replace spinning machines

UNSW is launching a study into an obscure technical part of the grid which could…

18 August 2026

“We want more batteries:” State rebate to slash costs for businesses and apartments by up to 40 pct

New battery rebate will slash the upfront cost of solar battery systems of up to…

18 August 2026

Solar stands up during European heatwaves as nuclear and fossil fuels stumble

New analysis shows solar output soared across Europe during recent heatwaves, helping to power the…

17 August 2026

Data centres to get faster nod if they meet energy, grid and water needs

State says data centres will "need to pay their own way," including bringing additional electricity…

17 August 2026

No, Ray Hadley, the collapse of Zen does not mean renewables have failed, nor that more coal will be burned

Zen Energy's failure has inspired the usual suspects to claim renewables don't work. Curiously, planes…

17 August 2026