Verde Technologies is an NSF, DOE/SETO-funded startup, and NREL collaborator that spun out of the University of Vermont. Its core competency is the rapid transition from lab-scale to full-scale manufacturing of stable, efficient, and safe perovskite solar cells using existing manufacturing infrastructure.
Verde Technologies was founded by Doctors Randall Headrick and Richards Miller in 2021. With Randall’s expertise in thin films and Richards’ experience in the lab, the two invented a novel solar cell that will accelerate the renewable energy transition.
In April 2023, Verde was selected as a commercial partner for the DOE Solar Energy Technologies Office (SETO) $11.25 million cost-shared award. In partnership with Massachusetts-based CubicPV, Verde will collaborate with the Massachusetts Institue of Technology (MIT), the University of California at San Diego, and Princeton University to establish a perovskite solar tech center, expediting the advancement of perovskite solar cell production.
Verde’s initial focus is on roofs unsuitable for traditional solar panels due to structural integrity of orientation issues. This approach will allow Verde to prove the technology and value proposition before addressing a wider market.