700512Nyak Limited – Study, assessment and proof of market potentials and economics of organic perovskite solar cell technologyClosedGRD Proof of MarketInnovate UKCost and efficiency are yet the main barriers to widespread adoption of solar energy. Commercially available solar cells, which are mostly Silicon-based, cost 0.70 £/Watt and have efficiencies between 15 to 20%, far from industry's targets of 0.05 £/Watt and 30%, respectively. Alternative solar cell technologies have recently been developed based on new materials, such as perovskite solar cells which promise substantial cost reduction through utilising inexpensive materials and low-cost manufacturing processes, whilst achieving comparable or improved efficiencies. However, existing perovskite devices are yet expensive, hence have not been exploited commercially. Nyak has developed a unique technology for nanostructured organic perovskites, which promises significant cost reduction through optimised materials utilisation and low-cost synthesis and device fabrication processes. Its lower cost of manufacturing and higher efficiency will enable far greater applications to become economically viable.