Australia’s Greatcell signs MOU with JinkoSolar

Australian firm Greatcell Solar Limited has signed a non-exclusive Memorandum of Understanding (MOU) with JinkoSolar, based on which the Chinese headquartered solar PV manufacturer will be given access to the company’s developmental perovskite solar cells (PSC), with a long term goal to strike a formal agreement to commercialize the technology and establish large scale manufacturing.

Greatcell, formerly Dyesol, said that the relationship had formed over months of discussion and with the close support of Nanyang Technology University (NTU), its academic research collaboration partner in Singapore.

“We are delighted to jointly explore commercialization opportunities with Jinko for our revolutionary technology in China. Jinko is very progressive, recognizes the potential of our emerging technology and is a world leader in the solar sector. Moreover, Jinko has a deep understanding of risk-managed technology development and the benefits of economies of scale in manufacture. The possibilities for collaboration are enormous,” Managing Director, Richard Caldwell remarked.

The Australian solar technology firm is an industrial partner of Solliance, a Dutch-Belgian-German R&D partnership, which has earlier this year announced that it had achieved 12.6% efficiency in roll-to-roll perovskite solar cells applicable to industrial production.

Meanwhile, JinkoSolar’s interest in the perovskite solar cell technology, praised for its high power conversion efficiency and flexible nature, is yet another milestone for the company in 2017, as it has earlier become the first solar firm to ship more than 2 GW of solar modules in a single quarter.