Oxford PV signs Joint Development Agreement with a major industrial partner
Oxford, UK, 1st December 2016 – Oxford Photovoltaics Ltd (Oxford PV), the pioneering solar technology company, has today announced a Joint Development Agreement (JDA) with a global manufacturer of solar cells and modules.
The agreement will see the two companies working together to further develop Oxford PV’s perovskite-based solar technology – taking it from lab scale to manufacturing-ready status. Oxford PV holds the world’s largest patent portfolio for the use of perovskite in photovoltaic (PV) applications and its’ technology already demonstrates the efficiency and long-term stability needed to move towards commercialisation.
This JDA will focus on that path to commercialisation, scaling up the silicon / perovskite tandem PV technology and developing the necessary processes for manufacture.
The company recently (10th November 2016) announced the acquisition of a pilot line site in Brandenburg an der Havel, Germany. The bulk of this development work will be conducted at that site.
Frank Averdung, CEO of Oxford PV said: “We have made tremendous progress over the last year and this JDA provides independent ratification of our perovskite solar technology and its’ prospects. Whilst our research activities in Oxford focus on the future product roadmap, we are now ready to prepare our technology for commercialisation and will work on this with our partner in the German pilot line.”