
ART-PV India Pvt. Ltd. is an Indian deep-tech clean-energy startup founded in 2024 and incubated at IIT Bombay’s Society for Innovation & Entrepreneurship (SINE). The company is focused on developing and commercializing high-efficiency perovskite–silicon tandem solar-cell technology as a next-generation alternative to conventional single-junction silicon photovoltaics. Its technology aims to improve solar conversion efficiency while reducing the cost and resource requirements of future solar power generation. The company's core focus is tandem photovoltaic technology, where a perovskite solar cell is combined with a silicon cell to capture a broader portion of the solar spectrum. ART-PV reports efficiency exceeding 30% and is working toward stable, scalable, commercial-scale manufacturing. Its roadmap includes terrestrial solar applications such as utility-scale solar farms, commercial and residential rooftops, as well as space-grade photovoltaic cells designed for demanding spacecraft environments. ART-PV is also exploring perovskite-based photodetectors and X-ray detectors, which could have applications in medical imaging, industrial inspection, machine vision, and optical sensing. The company combines semiconductor research, materials science, device engineering, advanced fabrication, characterization, and machine-learning-assisted quality control. The company is backed by NCPRE and the Ministry of New and Renewable Energy (MNRE) and works with academic and industrial partners to move its technology from laboratory research toward pilot-scale manufacturing. Its infrastructure includes access to advanced cleanroom and photovoltaic fabrication facilities at IIT Bombay.
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