AbstractIt is certain that perovskite materials must be a game‐changer in the solar industry as long as their stability reaches a level comparable with the lifetime of a commercialized Si photovoltaic. However, the operational stability of perovskite solar cells and modules still remains unresolved, especially when devices operate in practical energy‐harvesting modes represented by maximum power point tracking under 1 sun illumination at ambient conditions. This review article covers from fundamental aspects of perovskite instability including chemical decomposition pathways under light soaking and electrical bias, to recent advances and techniques that effectively prevent such degradation of perovskite solar cells and modules. In particular, fundamental causes for permanent degradation due to ion migration and trapped charges are overviewed and explain their interplay between ions and charges. Based on the degradation mechanism, recent advances on the strategies are discussed to slow down the degradation during operation for a practical use of perovskite‐based solar devices.