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IIT Delhi-incubated startup, P3C Technology and Solutions Pvt. Ltd., founded by Sooraj Kumar, an alumnus of IIT BHU, is all set to revolutionize the solar energy industry with its third-generation perovskite module technology.
March 12, 2025. By News Bureau
IIT Delhi-incubated startup P3C Technology and Solutions Pvt. Ltd., founded by Sooraj Kumar, an alumnus of IIT BHU, is set to revolutionize the solar energy industry with its third-generation perovskite module technology.
The modules are currently undergoing rigorous reliability tests at the National Institute of Solar Energy (NISE), an autonomous body under the Ministry of New and Renewable Energy (MNRE). P3C’s innovative technology has already attracted interest from various institutional customers for initial trials in real-world applications.
P3C is a pioneer in perovskite technology in India, backed by FITT IIT Delhi and Oberoi Thermit Pvt. Ltd. The company is set to fulfill its initial trial orders with 1 sq. ft modules, manufactured on its indigenously developed assembly line in Gurgaon. With a current production capacity of 100 kW (1 sq. ft module size), P3C is scaling up rapidly and plans to increase its capacity to 1 MW in the coming months.
The company is working on products such as MySUN Glass, which involves perovskite modules on glass, and MySUN Flex, which features perovskite modules on flexible substrates. These products have vast market potential across various sectors, including commercial field installations, household rooftops, automobiles, space, defense, railways, and agriculture.
Perovskite technology offers key advantages such as a low temperature coefficient, ensuring minimal performance decay even with rising temperatures, and broad spectral band absorption, which enables electricity generation even in low light conditions.
Founder Sooraj Kumar emphasized that perovskite technology holds immense potential in India, especially in light of the country’s goal to achieve 400 GW of renewable energy capacity by 2030, as set by the Prime Minister. As P3C increases its production, the cost per watt is expected to approach and eventually surpass that of conventional solar technology once its production capacity hits 100 MW. P3C is set to play a pivotal role in shaping India’s renewable energy future.
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