As the world strives for carbon neutrality, solar energy has become a central focus for reducing emissions. However, the efficiency of solar cells is constrained by the Shockley-Queisser limit, limiting their broader adoption. Quantum dots (QDs), nanoscale semiconductor particles with unique size-dependent properties, offer a promising solution to enhance solar cell performance by improving light absorption and enabling multiple exciton generation. This paper explores the application of QDs in improving solar cell efficiency, focusing on their ability to broaden the absorption spectrum and generate multiple electron-hole pairs per photon. Various synthesis methods—such as colloidal synthesis, epitaxial growth, and chemical vapor deposition (CVD)—are discussed, highlighting how each impacts the size, shape, and properties of QDs. The paper reviews key types of QD-based solar cells, including QD-sensitized, thin-film, and perovskite-enhanced cells, which have demonstrated significant improvements in power conversion efficiency. Additionally, challenges such as high production costs, stability issues, and the toxicity of lead-based QDs are addressed, along with emerging trends in non-toxic alternatives and potential commercialization in areas like building-integrated photovoltaics (BIPV) and wearable electronics.
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