Tandem PV receives $6 million to build a pilot solar panel production
Post date: 22/04/2022 - 12:16
Tandem PV Inc, a start-up based in San Jose, California, has received $6 million to build a pilot production facility for perovskite silicon tandem modules. The Series A financing round was led by venture capital firm Bioeconomy Capital and totals $12 million. Investors include an undisclosed international solar manufacturer and a U.S. utility.
Tandem PV has developed a process for producing perovskite-coated glasses that can turn simple solar modules into tandem modules. These can be used as drop-in-replacement to replace previously inactive front glasses in existing module production lines. The goal is to increase module efficiency by 50 percent in this way, while reducing solar system costs by 30 percent.
Tandem PV was founded in 2016 by Chris Eberspacher (pictured right) and Colin Bailie.