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Home - News - First Oxford PV perovskite solar panels sold to US utility project
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First Oxford PV perovskite solar panels sold to US utility project

solarenergyBy solarenergySeptember 6, 2024No Comments2 Mins Read
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An undisclosed utility-scale solar project in the US will be the first in the world to make use of this Oxford PVs perovskite tandem solar panels. The UK-based company today announced the first customer of its commercialized perovskite silicon solar panels.

The 72-cell panels can produce up to 20% more energy than standard silicon panels, the company claims. Oxford PV has been developing processes to commercialize perovskite tandem panels since 2014 and recently achieved a module efficiency record of 26.9%. These first Oxford PV panels on the market have a module efficiency of 24.5%.

“The commercialization of this technology is a breakthrough for the energy industry. High-efficiency technologies are the future of the solar industry, and that future starts now,” said David Ward, CEO of Oxford PV. “Solar innovation will allow us to electrify and decarbonize our transportation, homes and industries more quickly. With more electricity being generated from the same area, perovskite technology is helping utilities accelerate this transition by offering more energy at a lower cost.”

In the coming years, Oxford PV plans to reallocate production from its megawatt-scale factory in Brandenburg an der Havel, Germany, to additional utility customers, specialty products and pilot residential applications.

News item from Oxford PV

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See also  Renewables surpass 30% of US electricity generation for the first time
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