Companies

According to recent reports, China-based Xi'an Tianjiao New Energy has obtained nearly 100 million yuan (over USD$14,100,00) in angel round financing, led by Winreal Investment. The funds will primarily be used for building a perovskite pilot production line with a capacity of 10MW alongside other operational expenses covering consumables and staff.

Tianjiao, a perovskite solar cell developer, specializes in manufacturing single-cell perovskite modules including both flexible and rigid types. The rigid modules find their use primarily in PVBI, whereas the flexible ones are mounted on car roofs or used in 5G base stations.

French PV module manufacturer Voltec Solar has secured €9.3 million ($10.1 million) from Ademe, France’s environmental agency. The company plans to use the funds to accelerate the production of perovskite-silicon tandem solar panels.

The French manufacturer currently operates two 250 MW production lines at its factory in Dinsheim-sur-Bruche, France.

Hunt Perovskite Technologies has joined forces with 1366 Technologies, a US-based energy company, in a newly formed company Known as CubicPV™.

The merger combines two technologies ' 1366's Direct Wafer® process and HPT's printed perovskite photovoltaic (PV) technology ' to bring to market tandem modules. The newly combined company, called CubicPV, will also receive $25 million in funding from Hunt Energy Enterprises, L.L.C. (HEE), First Solar, Inc. (NASDAQ: FSLR), Breakthrough Energy Ventures (BEV) and others. HEE will join the Board of Directors.

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Korver Corp., an emerging solar and renewable energy company, has provided an update regarding the Company's new strategic direction in the solar energy sector. Korver has now decided to focus on its mission to develop high-efficiency commercially-manufactured Perovskite Silicon Tandem (PST) solar cells.

Mark Brown, President and CEO of Korver Corp., stated, "Our prior research has resulted in the development of highly efficient Perovskite Silicon Tandem solar cells. We plan to reach an efficiency mark of over 30% on a commercial scale by combining perovskite solar with the best silicon technologies on the market today and our own proprietary innovations. Currently, we are working towards scalability and commercial manufacturing of our PST solar cells that could change the way the world produces and consumes energy on a grand scale. We are excited to take the first mover advantage with the next big thing in solar energy."