A Chinese private company has developed a new generation of perovskite solar cells achieving close to 28 percent efficiency under standard sunlight, setting a new world record.

The breakthrough marks the first time that perovskite technology has outperformed all single-junction silicon solar cells in laboratory conditions, highlighting its growing potential as a next-generation photovoltaic solution.

Beyond the lab, the advancement could expand the use of solar energy into scenarios where traditional systems have limitations, opening up new possibilities for clean energy deployment.