Future Research Directions in Perovskite Solar Cells: Exquisite Photon Management and Thermodynamic Phase Stability

Abstract As power conversion efficiency (PCE) of perovskite solar cells (PSCs) has rapidly increased up to 25.7% in 2022, a curiosity about the achievable limit of the PCE has prevailed and demands understanding about the underlying fundamentals to step forward. Meanwhile, outstanding long‐term stability of PSCs over 1000 h has been reported at operating conditions or under damp heat test with 85 °C/85% relative humidity. Herein comes the question as to whether the phase stability issue of perovskite crystal is completely resolved in the most recent state‐of‐the‐art perovskite film or if it deceives everyone into believing so by significantly slowing the kinetics. On the one hand, the fundamental origins of a discrepancy between reported values and the theoretical limit are thoroughly examined, where the importance of light management is greatly emphasized with the introduction of external luminescence as a key parameter to narrow the gap. On the other hand, the phase stability of a perovskite film is understood from thermodynamic point of view to address viable approaches to lower the Gibbs free energy, distinguishing the kinetically trapped condition from the thermodynamically stable phase.