Oxford PVTM – The Perovskite CompanyTM, the leader in the field of perovskite solar batteries, today revealed it has actually put an order with Meyer Burger, for a turnkey 100 MW silicon heterojunction solar cell line.
This order will soon be followed by a supplemental order with Meyer Burger, for the perovskite top cell production equipment, which will be totally incorporated with the acquired 100 MW silicon heterojunction solar cell line.
Oxford PV’s phased purchasing of equipment will continue over the coming months. This will consist of the order of a 2nd silicon heterojunction solar cell line and associated perovskite top cell production equipment.
All equipment bought from Meyer Burger will be totally incorporated and set up at Oxford PV’s commercial website in Brandenburg an der Havel, Germany. The total 250 MW assembly line will start perovskite-on-silicon tandem solar cell production at the end of 2020.
Frank P. Averdung, President 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.”
Oxford PV revealed in July 2019, that it had actually raised £65 million in its Series D financing round. This followed the business’s revealed strategies in March 2019, to move into volume production when it signed a partnership arrangement with Meyer Burger.