Hello solar enthusiasts, I am excited to share some illuminating news today. A San Jose-based start-up, Tandem PV, specializing in the creation of four-terminal perovskite-silicon modules, is drawing plenty of attention in the solar industry. They have recently secured $6 million in venture funding, which will allow them to proceed in strides towards commercialization. Now, if you’re new to the solar world, this might sound quite technical. Nonetheless, let me break down why this is an inspiring development for us all, especially if you’re considering solar arrays for your home.
Firstly, it’s important to understand that a four-terminal perovskite-silicon module is an innovative piece of technology that solar companies, like Tandem PV, are increasingly leaning towards. These modules are believed to offer higher efficiency and power conversion than their traditional counterparts. The fact that Tandem PV’s products maintain 80% of the initial performance even after 25 years is a testament to the durability and long-term benefits that this novel technology presents.
Now, as I delve deeper into the investment received by Tandem PV, it’s worth noting that the funds are expected to boost the solar company’s research, aggressively enabling them to invest in the development of their first manufacturing facility. The idea here is to amplify their production capacity and kick-start mass production.
Perhaps what’s even more noteworthy is the fact that the company’s technological advancements are progressively being acknowledged. The CEO, Scott Wharton, asserts that Tandem PV’s advances in stability, power conversion efficiency, and module size are being recognized. As he puts it, they’re not just talking about durability and stability, they’re able to demonstrate it.
Moreover, the company’s indoor tests evidently reflect impressive results. Their encapsulated tandem module’s power conversion efficiency stands impressively at 26% with conventional PERC cells. These findings underscore the firm’s commitment to innovation and optimization, and this kind of dedication is what sets groundbreaking solar companies apart.
But Tandem PV’s journey doesn’t stop with the indoor tests. They’re part of multiple teams using the U.S. Department of Energy’s PV Accelerator for Commercializing Technologies (PACT) for independent performance and reliability testing for all varieties of perovskite PV modules. This initiative pushes the envelope further in showcasing the credibility of their technology, fortifying their ambition to establish a firm footing in the market of solar panels for your home.
Unearthing knowledge about solar technology can sometimes be a daunting task, especially with evolving technologies and emerging solar companies. But as your friendly solar blogger, my goal is to help you peruse through this world, spotting out these shining developments. Stay tuned for more from the world of solar energy, and continue exploring the benefits of having a solar array for your home. Remember, harnessing sunlight isn’t just a green move; it’s a smart move.
Original Article: https://pv-magazine-usa.com/2024/01/19/startup-developing-perovskite-silicon-tandem-panels-with-26-efficiency/
