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Sep 19, 2024 11:01 CESTOxford PV today announced the first commercial sale of its perovskite tandem solar panels, which signals the start of the commercialisation of its technology.
The company has shipped 72-cell panels made up of its proprietary perovskite-on-silicon solar cells to a US-based customer for use in a utility-scale installation.
The milestone also represents the first commercial deployment of a perovskite tandem solar panel globally.
“The commercialisation of this technology is a breakthrough for the energy industry. High-efficiency technologies are the future of the solar industry, and that future is starting now,” stated chief executive David Ward.
Oxford PV, set up as a spin-out from the University of Oxford, says its tandem solar panels can produce up to 20% more energy than a standard silicon panel. The company has been developing its technology since 2014 and has recently achieved module efficiency of 26.9%.
Its first commercially available panels offer a 24.5% module efficiency and use cells made at Oxford PV’s megawatt-scale pilot line in Brandenburg an der Havel, Germany. The company said that in the coming years, it plans to allocate production from this pilot facility towards additional utility customers, specialty products and pilot residential applications. At the same time, it intends to scale production to gigawatt scale at a future high-volume manufacturing site.
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