Oxford PV’s new manufacturing facility backed with €8.8 million funding

Oxford PV, currently involved in building a manufacturing facility in Brandenburg an der Havel for its silicon perovskite tandem solar cells (in which it is investing around €44 million), has received €8.8 million funding from the state Ministry of Economics in Potsdam for this project.

'I am delighted that Oxford Photovoltaics has brought the solar technology developed by the company itself to market maturity and that it will soon start with industrial series production here in Brandenburg,' said Brandenburg Minister for Economic Affairs Jörg Steinbach. 'The decision by Oxford PV to expand the production facility in Hohenstücke is a clear commitment to our community.'

Mass production is scheduled to start in the middle of next year, according to statements by Oxford PV representatives. The production facility will initially have a capacity of 125 MW, and Oxford PV plans to expand production by 2024 and then produce its tandem cells on a gigawatt scale.