Tandem PV secures financing to build a pilot manufacturing facility

Tandem PV, a California-based photovoltaic technology company specializing in ultra-high-efficiency tandem metal-halide perovskite solar panels, has announced closing the initial $6 million of its $12 million Series A financing round. Tandem PV will use the funds to build a pilot manufacturing facility in San Jose, California.

The round was led by Bioeconomy Capital, an early-stage venture capital firm, through its new Planetary Technologies fund, with participation from an international solar manufacturer and a U.S. utility company.

New NEXUS project for tandem perovskite PV gets green light

The European Commission has recently given the green light to an agreement to finance the NEXUS project, focused on the development of innovative processes for TANGO HJT/Perovskite technology for the production of sustainable and high-performance photovoltaic modules.

Coordinated by the University of Oxford, the NEXUS project is supported by a multidisciplinary consortium with 12 partners from 9 European countries; 5 industrial partners, including 2 small and medium-sized enterprises (SMEs); and 7 research and technology organizations.

EneCoat Technologies secures investment from Mitsubishi Materials and NGK Insulators

After securing an investment from SPARX Group's Mirai Creation Fund III last month, Japan-based EneCoat Technologies, developer of materials for perovskite solar cells, has received an undisclosed sum from Mitsubishi Materials and NGK Insulators.

This is Mitsubishi's second investment in EneCoat, following the one in May 2020 through its MMC Innovation Investment Limited Partnership (CVC). Mitsubishi says it aims to strengthen the relationship with EneCoat through this additional financing to work on the development of materials for the electron transport layer. Mitsubishi is already collaborating with EneCoat on its R&D.

EneCoat Technologies receives investment from Mirai Creation Fund III

Japan-based EneCoat Technologies, developer of materials for perovskite solar cells, has received an investment from SPARX Group's Mirai Creation Fund III.

EneCoat intends to use this fundraising round to strengthen its R&D capabilities to help realize carbon neutrality. Its efforts include installing pilot equipment for next-gen perovskite solar cells and accelerating the development of IoT sensors and wearable devices.

An international team secures grant to develop perovskite-based X-ray detectors

A new project, one of eight that successfully secured funding from the Hebrew University of Jerusalem (HUJI) – Zelman Cowen Academic Initiatives (ZCAI), Australia this year, will focus on developing X-ray detectors from metal halide perovskite materials.

Associate Professor Guohua Jia, from Curtin University’s School of Molecular and Life Sciences, said X-ray detectors based on metal halide perovskites are highly sensitive, enabling a very low detection limit, meaning they could lower medical expenses and reduce the risk of radiation to patients.