Maxwell Technologies to raise funds for perovskite tandem solar cell equipment project
According to reports, China-based PV production equipment manufacturer, Maxwell Technologies, plans to raise $273 million (CNY 1.97 billion) via a convertible bond offering and use the money to develop equipment for the manufacturing of tandem solar modules based on perovskite.

The project will span three years and be constructed across Suzhou in Jiangsu province and Xuancheng in Anhui province. Upon completion, the facility will produce 20 sets of tandem solar cell production equipment annually.