Oxford PV to become heterojunction/perovskite solar cell manufacturer

Facebook
Twitter
LinkedIn
Reddit
Email
Frank P. Averdung, Chief Executive Officer at Oxford PV commented, “With our first order placed, we are well on our journey to becoming the world’s first perovskite-on-silicon tandem solar cell manufacturer. We are delighted to be working with Meyer Burger - a world leading photovoltaic equipment and technology supplier. Building on Meyer Burger’s expertise, we are accelerating the time to market for our perovskite-on-silicon tandem solar cells.

Updated: Perovskite solar cell developer, Oxford PV is to become a merchant heterojunction with perovskite top cell manufacturer with orders placed with Meyer Burger that will provide an initial 250MW of cell capacity that will enter production by the end of 2020.

Oxford PV’s previous business model had focused on the IP model, undertaking evaluation work for solar cell producers, looking at adopting perovskite-on-silicon tandem solar cell technology. 

The company has previously secured £31 million in a Series D funding round in March, 2019 totalling or manufacturing capital expenditure requirements. The additional funds included new investment from leading PV equipment manufacturer, Meyer Burger as well as investments in the round from other non-specified new and existing investors.
 
The funding was to support a 200MW HJ/perovskite cell line, thought to enhance its IP model for potential customers taking licenses for the technology and future R&D requirements at real world manufacturing levels as well as continued cell efficiency roadmap gains for continued customer support.

The perovskite solar cell developer said that it had placed a manufacturing equipment order with Meyer Burger for a turnkey 100MW silicon heterojunction solar cell line that would shortly be followed by a supplementary order for the perovskite top cell production equipment. Phased ordering of equipment over the coming months, will include the order of a second silicon heterojunction solar cell line and associated perovskite top cell production equipment, giving Oxford PV an initial nameplate capacity of 250MW at its manufacturing facility in Brandenburg an der Havel, Germany.

Frank P. Averdung, Chief Executive Officer at Oxford PV commented, “With our first order placed, we are well on our journey to becoming the world’s first perovskite-on-silicon tandem solar cell manufacturer. We are delighted to be working with Meyer Burger – a world leading photovoltaic equipment and technology supplier. Building on Meyer Burger’s expertise, we are accelerating the time to market for our perovskite-on-silicon tandem solar cells.”

Meyer Burger separately said that current contract volume with Oxford PV was approximately CHF 20 million.

Hans Brändle, CEO of Meyer Burger, stated: “With Oxford PV’s leading edge tandem cell technology and our capabilities to industrialize high-efficiency PV processes, we have formed the ideal partnership to accelerate its industrialization and set the pace for this next generation PV technology.

11 October 2022
PV CellTech Extra will be held as a series of live webinars and on-demand sessions on 11-13 October 2022. We'll be taking a slightly further forward-looking view at the technologies and roadmaps for new cell architectures set to dominate mass production during 2023-2025 with special emphasis on the potential timelines for technologies beyond the single-junction cell design, including perovskite and hybrid concepts.

Read Next

September 29, 2022
A research consortium has devised a production line with a throughput of up to 20,000 wafers per hour, which is double the usual amount.
PV Tech Premium
September 27, 2022
Europe must build out its own large-scale, vertically integrated solar PV manufacturing base as a means to ensure its clean energy transition.
September 26, 2022
A subsidiary of Indian conglomerate Reliance Industries will invest US$12 million to acquire a 20% stake in Caelux Corporation, a California-based company working on perovskite solar technology.
September 12, 2022
Renewables developer Amp Energy India has formed a joint venture (JV) with Websol Energy Systems Ltd. for manufacturing up to 1.2GW of monocrystalline PERC solar cells and modules in the north-western Indian state of West Bengal.
September 12, 2022
Solar Module Super League (SMSL) member LONGi has released a new half-cut cell module version to its HiMO5 product range that has been designed specifically for the European market.
September 8, 2022
A review of Tongwei Solar's shingled solar modules ahead of an upcoming webinar the company is hosting with PV Tech.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 4, 2022
New York, USA
On-Demand Webinars, Solar Media Events
October 11, 2022
Virtual event
Upcoming Webinars
October 18, 2022
10am (EDT) / 4pm (CEST)