According to reports, the scientists at the Indian institute of Chemical Technology (IICT), Hyderabad are on their way to have a breakthrough invention of generating electricity from dye based and organic based solar cells. The central government has sanctioned Rs.100 crore for research in luminescence technology, which can be used for development of organic light emitting diodes.
Thanks to the revolutionary research done by the scientists at IICT Hyderabad, they have initially achieved an efficiency of 11 per cent and research is on to improve the durability of the product to 10 years.
The luminescence technology is currently under development and it is likely to be available for commercial use in the next three years. It is believed that with just using only 1.5 volts of electricity the entire room will be illuminated using this organic light emitting diode technology.
If this technology becomes a reality, it is said that more than 50 per cent of the domestic power bills will be saved and it can also be used in street lights. This will be saving a considerable amount of power.
Dr L Giribabu, a scientists at IICT’s nano materials laboratory said, “We were working with a target of achieving 10 per cent efficiency, but we could achieve 11 per cent efficiency. The highest efficiency one can achieve is 33 per cent, which is currently quite difficult. We are working to improve the durability of the product to 10 years to make it more economical.”