» Financial

Financial

New "Capitano" project aims to develop CIGS-perovskite tandem cells

German university the Karlsruhe Institute of Technology (KIT), the Center for Solar Energy and Hydrogen Research Baden-Würtetemburg (ZSW) and CIGS module manufacturer Nice Solar Energy have announced an ambition to design tandem PV modules based on CIGS and perovskite, which can theoretically achieve efficiencies well above 30%.

The joint ‘Capitano’ project will run for three years and has received more than €5 million from Germany’s Federal Ministry for Economic Affairs and Energy. The aim of the project is to develop cells with stable higher efficiencies, which can be interconnected to form efficient tandem solar modules.

Read the full story Posted: Sep 04, 2019

Cambridge perovskite researchers awarded European starter grants

European Union awards, given to early-career researchers, have recently been given to eight Cambridge researchers, among which were ones working on perovskite-related projects.

The European Research Council (ERC) Starting Grants have been awarded to 408 researchers from across Europe. The awards will help individual researchers to build their own teams and conduct world-leading research across all disciplines, creating an estimated 2,500 jobs for postdoctoral fellows, PhD students and other staff at the host institutions.

Read the full story Posted: Sep 04, 2019

Oxford PV makes strides towards PSC commercialization with new $20.5 million PV production line

After forming a strategic partnership in March 2019 between Meyer Burger and Oxford Photovoltaics, Meyer Burger has announced that it has received its first order from Oxford Photovoltaics (Oxford PV), for a heterojunction (HJT) manufacturing line including necessary adaptions enabling the upgrade to perovskite-on-HJT tandem technology.

Oxford PV hits new efficiency record image

The order for the upgrade itself will reportedly follow later this year. The current contract volume is about CHF 20 million and provides Oxford PV with an initial manufacturing capacity of 100 MW with plans to expand tandem solar cell production capacity to 250 MW by the end of 2020.

Read the full story Posted: Aug 09, 2019

Oxford PV closes £65 million funding round

Oxford PV recently announced it has closed its Series D funding round. An additional £34 million, following the £31 million first close, brings the funding round total to £65 million.

The first close, announced in March 2019, included a significant new investment from Goldwind, the leading provider of integrated renewable energy solutions in China, as well as investment from existing shareholders including Equinor and Legal & General Capital. The additional funds include the major new investment from Meyer Burger, the leading photovoltaic equipment supplier, announced in March 2019, with the remaining investment coming from other new and existing investors.

Read the full story Posted: Jul 07, 2019

DoE announces $130 Million for early-stage solar research project

The U.S. Department of Energy (DOE) announced funding of up to $130 million for new research to advance early-stage solar technologies.

This funding program targets five research areas: photovoltaics (PV), concentrating solar-thermal power (CSP), soft costs reduction, innovations in manufacturing, and solar systems integration. These projects will aim to make solar energy more affordable, reliable, and secure, while working to boost domestic solar manufacturing, reduce red tape, and make PV more resilient to cyberattack.

Read the full story Posted: Mar 27, 2019