Trinasolar brings Oxford PV's perovskite technologies to the Chinese market
The two companies have entered into an exclusive patent licence agreement for the manufacture and/or sale of perovskite-based photovoltaic (PV) products in China, including the right to sublicense.
Oxford PV, a leader in perovskite-silicon tandem solar technology, and Trinasolar, a leading specialist for PV products, PV systems and smart energy storage solutions from China, have signed an exclusive patent licence agreement for the manufacture and/or sale of perovskite-based photovoltaic (PV) products in China with an additional right to sublicense.
"With the Chinese domestic photovoltaic (PV) market currently valued at over US$50 billion per year and projected to grow to US$100 billion by 2030, this agreement is a major step forward in accelerating the deployment of next-generation PV technology," a company statement says.
"A new era of industrialisation for perovskite tandem technology"
"This agreement is a milestone in our mission to make perovskite PV mainstream and affirms the pivotal role of patents in the photovoltaics of today and the future," said David Ward, Chief Executive Officer at Oxford PV. "We are delighted that Trinasolar, one of the world’s leading solar manufacturers, will be able to offer our technology to the Chinese market. Thanks to the relentless efforts of our team over the past decade, we are in a unique position to facilitate the transition of the solar industry to a high efficiency multi-junction technology platform."
Gao Jifan, Chairman and CEO of Trinasolar, said "Trinasolar is actively driving technological innovation, focusing on fundamental, cutting-edge and specialised research in advanced photovoltaic technologies. Trinasolar is kicking off a new era of industrialisation for perovskite tandem technology, achieving integrated advancements in technological and industrial innovation to drive the solar industry forward."
About Oxford PV
Oxford PV is a leader in perovskite-silicon tandem solar technology. Founded in 2010 as a spin-out of the University of Oxford, UK, the company operates a manufacturing site in Brandenburg, Germany, and has been the first to deliver commercial tandem solar modules to the market.
www.oxfordpv.com
About Trinasolar
Founded in 1997 by Gao Jifan, Trinasolar is mainly engaged in PV products, PV systems and smart energy. PV products include R&D, production and sales of PV modules. With the strategic goal of "Creating a new industrial ecosystem led by Trinasolar, and promoting Trinasolar as a leader in smart PV and energy storage solutions", the Chinese company is committed to leading the way in smart PV and energy storage solutions and facilitating the transformation of new power systems for a net-zero future. On 10 June 2020, Trinasolar was listed on the Science and Technology Innovation Board (STAR Market) of the Shanghai Stock Exchange (SSE). It is the first PV and energy storage company that has gone public on the STAR Market providing PV products and systems, as well as smart energy.
Caption: Trinasolar is a global leader in smart PV and energy storage solutions. The company has started deliveries for a colocated solar and energy storage project at Sandon Brook in Essex, UK., similar to the one pictured here. (Image: Trinasolar)
Source: Oxford PV