Tandem PV, a perovskite solar technology developer, secured a $4.7 million grant from the US Department of Energy (DOE) to commercialize their thin-film solar panels. These panels combine perovskite materials with traditional silicon cells, aiming for a potential 40% increase in power output. The DOE awarded a total of $71 million to various clean energy projects, with this being Tandem PV’s tenth such award. Tandem PV’s current panels achieve 26% efficiency, surpassing the typical silicon panel’s efficiency by 25%. The company’s design offers potential benefits like reduced labor costs, lower land use requirements, and a lower overall cost for customers.
Tandem PV awarded $ 4.7 million grant from US DOE
US Department of Energy invests $71 million in clean energy, including Tandem PV’s perovskite solar project. (Photo Credit: Pexels)
India, China, and Indonesia will lead APAC’s 57 GW dc floating solar capacity, achieving 31 GW (DC) combined by 2033. (Image Source: SOLARbytes)
EOS Capital Advisors advised Balanced Rock Power in selling its 25 MW solar project to Standard Solar. (Image Source: Standard Solar)
China Energy Engineering Corporation taps Huasun’s high-efficiency HJT solar modules for its 2024 projects. (Image Source: Huasun)
Saatvik Solar will supply GH2 Solar with bifacial PV modules over a 12-month period beginning January 2025. (Image Source: Saatvik Solar)