December 2 (SeeNews) - Oxford Photovoltaics Ltd (Oxford PV) has taken another step towards the commercialisation of its perovskite-based solar technology with the announcement of a joint development agreement with a global solar cell and module manufacturer.
The company, a spin-out from the University of Oxford, and its partner, whose identity was not disclosed, will work together to move Oxford PV's technology from lab scale to manufacturing-ready status.
Most of the development work will take place at the pilot line site in Brandenburg an der Havel, Germany that Oxford PV acquired just recently.
The UK firm says its technology has already demonstrated the efficiency and stability necessary to move to commercial stage. The partners' efforts will focus on the path to commercialisation, scaling up the silicon perovskite tandem technology and developing the processes for manufacture.
In October, Oxford PV announced that it had raised GBP 8.7 million (USD 10.9m/EUR 10.3m) in a funding round, with a portion earmarked for the development of a demonstration line to showcase its technology to solar manufacturers.
(GBP 1.0 = USD 1.257/EUR 1.183)