This compound is primarily used in the development of perovskite solar cells, which are a cutting-edge technology in renewable energy. Its unique properties allow for efficient light absorption and charge carrier mobility, making it a promising material for next-generation photovoltaic devices. Additionally, it is employed in research to improve the stability and performance of perovskite-based optoelectronic devices, such as LEDs and photodetectors. Its tunable bandgap also enables its use in designing materials for specific light-harvesting applications.