February 19 (Renewables Now) - Brazilian state-run oil major Petroleo Brasileiro SA (BVMF:PETR4), or Petrobras, has signed a partnership deal with Centro de Inovacoes CSEM Brasil to develop materials for the production of printed and flexible solar cells based on perovskite technology.
Under the research and development (R&D) agreement, Petrobras will invest BRL 23.77 million (USD 6.2m/EUR 5.6m) over a 30-month period. The main goal is the production of a prototype module and obtaining the know-how needed to make the industrial production of solar films with the new compound technically and economically viable.
This partnership is in line with the oil giant's plan to invest in and develop renewable energy, the company stated.
According to Petrobras, solar perovskite films have the potential to exceed the efficiency of existing silicon rigid solar panels at a lower cost of production, it noted.
(BRL 1 = USD 0.27/EUR 0.24)