All systems are go for Oxford University offshoot Oxford PV, as it builds upon recent investment and facility acquisitions with an agreement with a solar manufacturer to start getting its perovskite technology ready for manufacturing. The technology in question is some of the most exciting in the PV industry, with potential to dramatically increase the efficiency of solar modules.
The JDA that Oxford PV has signed is with a “global manufacturer of solar cells and modules,” but Oxford PV has yet to name the partner. The move is an attempt to bring the company’s perovskite technology closer to commercialisation and to increasing its scale. Taking it from the laboratory to the factory.
“Whilst our research activities in Oxford focus on the future product roadmap, we are now ready to prepare our technology for commercialisation and will work on this with our partner in the German pilot line,” commented Oxford PV CEO Frank Averdung.
Presumably, Germany will be the centre for this next stage, after Oxford PV acquired a pilot line site in Brandenburg an der Havel, Germany, last month. It is a former solar module production site of Bosch Solar and will be used for the scale-up of industry-standard perovskite wafers.
Before that, in October, the company announced additional funding of GBP 8.7 million (USD 11 million) that it had attracted during the first portion of its Series C funding round. As the holder of the world’s largest patent portfolio for the use of perovskite in PV applications, Oxford PV has not been short of funding, with that last amount contributing to an impressive GBP 21.3 million that it has accumulated over the last 18 months.