Perovskites are a class of materials that have attracted significant attention in the solar industry due to their potential to enable low-cost, high-performance tandem solar cells. Tandem solar cells combine two or more layers of different materials that can absorb different parts of the solar spectrum, resulting in higher conversion efficiency than conventional single-junction cells.
We anticipate that high-efficiency tandem PV modules will define the future, speeding up decarbonization by allowing us to convert sunlight into clean electricity more efficiently. This acquisition supplements our existing R&D streams with expertise in thin film semiconductors complementing CadTel. We expect that it will accelerate our efforts to develop tandem technology that continues our commitment to ultra-low carbon, responsibly produced solar,' commented
Evolar was founded in 2019 by researchers to develop solutions for commercializing perovskite-based tandem solar technology. The company has developed proprietary manufacturing equipment and processes for depositing perovskite thin films on top of silicon or other substrates.
Under the terms of the agreement, which were not disclosed,
To accelerate the development and production of its advanced thin-film PV technology,
According to
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