Flexible solar panel
© National University of Science and Technology MISiS
A sophisticated solar panel has been developed by a group of researchers from the Moscow-based National University of Science and Technology, according to information published on its website.

A group of researchers from the National University of Science and Technology (MISIS) in Moscow, in cooperation with their colleagues from the University of Texas at Dallas, managed to develop a flexible solar battery which is at least three times cheaper than its silicon analogues, the MISIS website reported.

Led by Professor Anvar Zakhidov, MISIS scientists created a thin-filmed photoelectric cell based on hybrid metal-organic compounds called perovskites, which in turn made it possible to hammer out an advanced solar battery, according to the website.

Flexible solar panel 2
© National University of Science and Technology MISiS
It said that "these perovskites can convert solar energy radiation into electric energy with a performance coefficient of more than 15 percent, and with a planned rate of 20 percent."

"Before long, this new technology will give way to light, flexible, and cheap solar panels based on perovskites to be used for charging and powering a bevy of electronic devices, from tablets to buildings' electrical grids," the website said.

With the fragile silicon solar panels currently costing about 300 dollars per square meter, the estimated cost of perovskite solar panels will be less than 100 dollars per square meter.

During mass production of the solar batteries, this price difference is most likely to be increased by at least six times, scientists said, also pointing to toxic production of the silicon solar batteries.