Reports suggest that REVKOR Energy Holdings, a U.S-based renewable energy company, and H2GEMINI Technology Consulting, a Swiss-German manufacturer of solar machinery and equipment, have formed a partnership to construct turnkey HJT solar cell and module manufacturing facilities and collaborate on the development of new generations of high-efficiency HJT/perovskite solar cell architectures.
Under the terms of the partnership, REVKOR and H2GEMINI will collaborate to establish high-efficiency HJT PV cell and module production across multiple project sites, with a targeted capacity of 20GW by 2026. The first phase of the project will focus on building a 5GW annual production facility, aiming for production to begin by the second quarter of 2024. Subsequently, in Phase Two, the capacity will be expanded to a total of 20GW by the end of 2025. This partnership comes just before the completion of REVKOR's Phase One facility on August 5th, 2023, spanning 1,067,000 Sq Ft in Salt Lake City, will become operational late second quarter 2024, with the HJT/Perovskite 5 GW equipment fully installed, this facility is meant by Revkor (as mentioned on its website) to become the first HJT/perovskite solar cell and panel manufacturing plant in the United States.
As part of the partnership, H2GEMINI will provide all HJT/Perovskite equipment for the new location, also providing project management for the HJT production lines, delivering, implementing production processes, transferring IP technology, and establishing this location as the premier development site in the USA. REVKOR will secure the remaining funding, estimated over several billion, for the manufacturing and R&D complex. REVKOR will also allocate resources for the interior construction of the new corporate location of administration offices and laboratories. As a US-based high-tech manufacturer of critical energy infrastructure, REVKOR has been engaged with funding programs such as the (IRA), (DOE) loan guarantee programs, and the CHIPS program. Including many programs with the Department of Economic Development in Salt Lake City, Utah and the Governor's office.
By combining their expertise and resources, REVKOR Energy Holdings and H2GEMINI Technology Consulting aim to make substantial advancements in the manufacturing of high-efficiency solar cells. This partnership represents a significant milestone in their respective industries and demonstrates a shared commitment to the growth and development of renewable energy technologies.
