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Around Japan, competition is intensifying on the research and development front. Major petroleum distributor ENEOS is developing transparent solar cells using organic materials to generate electricity from infrared and ultraviolet light. Building materials giant YKK AP is aiming to create building materials that integrate solar cells.
The photovoltaic cells will be manufactured in Japan and the glass will be manufactured with cooperation from local partners. I hope that we can spread our photovoltaic power generation glass to many countries.” Advanced glass developed in Japan may come to change the windows and walls of the world.
"Even with just a 1% efficiency, installing solar panels on windows across Japan would lead to an annual reduction of 17 million tons of carbon dioxide," Sakamoto notes. The Tokyo Electric Power Company (TEPCO) has plans to install lightweight and flexible perovskite solar cells on the exterior of a 230-meter skyscraper in Tokyo.
The country is already a leader in bioplastics and hydrogen energy, and in 2009, it was a Japanese university research team that found that certain crystalline minerals called perovskites are photovoltaic, converting light into a voltage, opening the door to new types of transparent solar cells (pictured above).
Flexible solar panels typically have an efficiency rating between seven and 15 percent. Unlike rigid solar panels, flexible panels are lightweight and can be installed on curved surfaces. However, they are not commonly offered as part of a rooftop or ground-mounted system by solar installers.
In 2025, premium flexible solar panels achieve up to 22.5% efficiency for monocrystalline and 19% for CIGS technology. This makes them increasingly competitive with rigid panels while maintaining superior installation versatility.
Bifacial solar panels have an efficiency of 22 percent, much higher than traditional single-sided flexible solar panels. However, to gain the full value of the panel, you'll need to mount it so both sides can absorb sunlight, which limits installation options.
Flexible panels often cost more per watt than comparable rigid ones. But when portability, weight, and versatility are priorities, they can offer excellent value. Comparing cost per watt, considering weight and mounting costs, helps evaluate whether they’re the best choice for your setup.
CEA has predicted that solar module prices may increase from around $0.8/W to $10/W currently to $0.11/W by the end of 2025 and likely up to $0.13/W by 2027.
According to price analysis firm InfoLink: “Since March, the spot price of n-type modules in China has soared from RMB0.7/W to RMB0.73/W. Quotes from leading manufacturers are approaching the RMB0.75/W mark.” The results of the China Datang Group’s 2025-2026 PV module framework. Image: Datang.
CN: Price: Photovoltaic Module: Polycrystal data was reported at 1.450 RMB/W in Aug 2024. This stayed constant from the previous number of 1.450 RMB/W for Jul 2024. CN: Price: Photovoltaic Module: Polycrystal data is updated monthly, averaging 1.637 RMB/W from May 2021 (Median) to Aug 2024, with 40 observations.
On 11 March 2025, the results of the China Datang Group’s 2025-2026 PV module framework purchase tender were announced, with the spot price of n-type modules increasing from RMB0.7/W (US$0.097/W) to RMB0.73/W (US$0.1/W), and some modules priced as high as RMB0.75/W (US$0.11/W).
