It was reported that SolaEon Technology, a Chinese manufacturer of next-gen solar cells with a focus on perovskite-based PV, recently signed an investment contract with the local government of Xuzhou City, China, as one of fifty-six contracts signed at the 27th Xuzhou Trade and Investment Fair.
SolaEon plans to invest about 1.2 billion yuan (almost USD$170 million) in the perovskite solar cell production base in the High-Tech Zone. Upon completion of the production lines with an annual capacity of 200MW and 1GW of perovskite cells, the production value is expected to reach 2 billion yuan (approximately USD$283 million) per year.
To date, SolaEon has reported impressive achievements in the field of perovskite solar cell efficiency, including a conversion efficiency of 21.95% on 300mm x 400mm monolithic perovskite tandem solar cells for MPPT.
