Tandem PV is commercializing high-efficiency perovskite solar panels that achieve 27% efficiency, significantly surpassing conventional silicon panels. By utilizing a tandem design that combines perovskite with traditional solar technology, the company addresses the need for more powerful and durable solar solutions to reduce the overall cost of solar energy production.
Funding
$18M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
USFounders
Product
Problem
Conventional silicon solar panels have limitations in efficiency and durability, increasing the overall cost of solar energy production and hindering the widespread adoption of renewable energy sources. These panels do not efficiently convert certain wavelengths of light into electricity and can degrade over time due to environmental factors.
Solution
Tandem PV is commercializing high-efficiency perovskite-silicon tandem solar panels designed to surpass the performance of traditional silicon panels. By combining perovskite with conventional solar technology in a tandem design, the company's panels achieve higher efficiency and improved durability. The tandem design boosts the output of conventional solar modules by stacking them with thin-film perovskite, resulting in more power at a similar price per watt, which leads to lower labor and land costs, resulting in a lower total cost of ownership.
Target Audience
The primary target audience includes utility-scale projects, residential solar installers, end users, equipment distributors, and utilities.
Features
- Achieves 27% efficiency, significantly higher than conventional silicon solar panels
- Tandem design combines perovskite with traditional silicon for enhanced performance
- Demonstrates extended durability through patented technology and design innovations
- Four-terminal design, printing perovskite onto solar glass, used in a normal silicon module assembly
- Robust portfolio of patents in core perovskite-layer technology, system, and durability performance
- Standard-size solar panels designed to align with any utility's existing ecosystem
- Aims for 26-30% efficiency and decades of durability