Oxford PV recognised as most innovative technology at Energy Institute Awards

Oxford PV, a leader in the field of perovskite solar photovoltaics, is proud to be named a winner of the Innovative Technology category at the 23rd Energy Institute (EI) Awards.

The awards recognise individuals and companies making significant impact on the industry and its goals, including the net-zero transition. Oxford PV has won the accolade for making demonstrable advances in perovskite photovoltaics.

The company layers perovskite on top of a standard solar cell to generate at least 20% more energy than conventional solar cells today.

Oxford PV CEO Frank Averdung said: “Our perovskite-on-silicon solar cells represent a major advance in solar photovoltaics and provide a key to cheaper and more efficient solar power. We are proud to receive this award and to be recognised as a gamechanger in the energy sector. Above all, we are proud of our team for their dedication in getting us to where we are.”

Chris Case, Oxford PV CTO, said: “Our technology has set world records for solar energy conversion and we have refined it to be the best next technology for solar PV. We look forward to bringing our high-efficiency solar cells to market.”

Oxford PV has refined its two-terminal perovskite-on-silicon technology with efficiencies beyond 27%. It will begin volume manufacturing its solar cells at its site in Brandenburg an der Havel, Germany in 2023.