An undisclosed U.S. utility-scale solar project will be the first in the world to use Oxford PV’s perovskite tandem solar panels. The UK-based company announced the first customer of its commercialized perovskite-silicon solar panels today.
The 72-cell panels can produce up to 20% more energy than standard silicon panels, the company claims. Oxford PV has been developing processes to commercialize perovskite tandem panels since 2014 and recently reached a module efficiency record of 26.9%. These first Oxford PV panels on the market have a 24.5% module efficiency.
“The commercialization of this technology is a breakthrough for the energy industry. High-efficiency technologies are the future of the solar industry, and that future is starting now,” said David Ward, CEO of Oxford PV. “Solar innovation will allow us to faster electrify and decarbonize our transportation, homes, and industries. With more electricity generation from the same area, perovskite technology is now helping utilities speed up this transition by offering more energy at a lower cost.”
In the coming years, the Oxford PV plans to allocate production from its megawatt-scale facility in Brandenburg an der Havel, Germany, toward additional utility customers, specialty products and pilot residential applications.
News item from Oxford PV