Chinese energy company Akcome has announced an investment of approximately 1 billion RMB (~USD 140 million) to establish a research and production base for heterojunction-perovskite tandem solar cells.
The initiative will be led by Akcome’s wholly-owned subsidiary, Zhejiang Akcome Future Technology Co., Ltd., in collaboration with the Hangzhou Qianjiang Economic Development Zone Management Committee.
The recently signed framework agreement outlines a three-phase investment plan. The initial phase involves a laboratory with an estimated investment of 150 million RMB (~USD 20.97 million), covering a leased space of around 3,000 square meters. This facility will be dedicated to the R&D of HJT-perovskite tandem solar cells, aligning with Akcome’s strategic goals for production and development.
The second phase includes a pilot production line with a planned investment of approximately 250 million RMB (~USD 34.95 million).
The third and final phase encompasses the construction of the first mass production line, with an investment of about 600 million RMB (~USD 83.88 million).
In August 2022, Akcome emphasized the importance of HJT technology as a fundamental PV technology in the coming years. Notably, both HJT and perovskite solar cell technologies involve low-temperature processes, ensuring high compatibility of their production equipment. The thin-film nature of HJT also simplifies the incorporation of perovskite into its structure.