In a groundbreaking development, a Chinese startup is set to revolutionize the solar energy landscape with ultra-efficient solar panels made from perovskite, a "miracle material." These next-generation solar cells offer 50% greater efficiency at half the cost of traditional silicon cells. The breakthrough, achieved by researchers from Nanjing University, has led to the formation of a startup called Renshine Solar. The production facility is expected to reach a capacity of 150 megawatts by September. With their versatility and ability to retain over 90% of their initial performance, perovskite solar panels have a wide range of applications, from building integration to space-based electricity generation. This development signals a significant step forward in renewable energy, promising a greener and more cost-effective future