Comprehensive techno-economic analysis of solar photoelectric materials of different generations

A possible solution to the global energy crisis is to use sunlight to generate electricity. Solar cells that convert solar energy into electricity have to be reliable and cost-effective to compete with conventional energy sources. The aim of the article is to describe the different generations of photoelectric cells and the current and future technologies used in photoelectric systems. The article covers the basics of photoelectricity, including the principle of operation and basic features. All generations of solar cells are reviewed. Special attention is focuses on the efficiency of converting sunlight into electricity, used materials, and economic analysis. As photoelectric technology advances, opportunities for efficiency improvements, lower manufacturing costs, and innovation are also demonstrated. The paper analyzes the current limitations of modern photoelectric technologies and suggests possible ways to meet them based on the recent scientific developments.