Tag Archive for: perovskite

Swift Solar is betting on cells that use perovskite, a material that can improve efficiency — but also has yet to be proven at scale.

Startup plans to build next-generation US solar factory in two years

Startup Swift Solar Inc. wants to build a US factory for manufacturing its futuristic panels in the next two to three years amid government plans to bolster the sector against China’s dominance.

The California-based company aims to produce cells with a material known as perovskite, which can allow panels to capture energy from the sun’s rays more efficiently. Durability, though, remains an issue.

Swift plans to open its first plant with the initial capacity to produce 100 megawatts annually of technology that pairs perovskite with traditional silicon photovoltaic cells. For comparison, the average Chinese plant churns out about 10,000 megawatts per year while US projects tend to be in the 1,000 to 3,000 megawatt range, according to BloombergNEF solar analyst Jenny Chase.

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Source: Bloomberg

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Caelux announced the successful closure of a $12M funding that will be used to open a 100MW perovskite-coated glass factory in California.

Commercial-scale perovskite manufacturing soon starting in United States

Perovskite development has been a major R&D buzzword in the solar industry for the last decade. The nanomaterial absorbs more of the light spectrum than a traditional silicon solar cell. Layering perovskites with other solar technologies would lead to more powerful and efficient solar panels at a relatively low added cost. Researchers have been testing various applications of perovskites — whether spin-coated, sprayed or painted onto a substrate. California-based Caelux has found success coating its perovskite design onto glass, with the final product easily incorporating into existing silicon solar panel manufacturing lines.

Caelux today announced the successful closure of a $12 million Series A3 funding round led by Temasek with participation from Reliance New Energy, Khosla Ventures, Mitsui Fudosan and Fine Structure Ventures, bringing Caelux’s total raised funding to $24 million. Caelux will use this funding to open a 100-MW perovskite-coated glass factory in Baldwin Park, California, just outside Los Angeles.

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Source: Solar Power World

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