Solar cell equipment Maxwell announced that its G12H perovskite/silicon HJT tandem solar cell, developed using proprietary mass-production equipment and processes, achieved a power conversion efficiency of 32.38% certified by the China National Institute of Metrology (NIM).
The company stated that this achievement integrates core turnkey technologies, including PECVD, PVD, ALD, and inkjet printing, demonstrating the viability of its equipment and processes for large-scale mass production.
In 2025, Maxwell announced plans to issue convertible corporate bonds to raise RMB 1.967 billion to fund its ‘Perovskite Tandem Solar Cell Equipment Industrialization Project’.
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Posted: Jan 25,2026 by Roni Peleg
