Solar electricity generation is on the rise. In fact, the Federal Energy Regulatory Commission reported in late 2023 that more new solar generating capacity was installed in the U.S. during the first eight months of 2023 than any other renewable or fossil fuel-based energy source.

But imagine if the solar panels generating all this power were able to capture even more energy.

That’s where perovskites are coming into play. Researchers have been investigating this nanomaterial for its ability to improve the efficiency of solar cells for years and commercialization could be on the horizon.

Here to talk about perovskites and their potential here on Earth and even out in space is John Iannelli, president and founder of Caelux, a company that is working toward commercializing the use of perovskites to make solar energy more powerful and cost-effective.