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January 17, 2024
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Accelerating American Perovskite Production: Tandem PV Secures Funding

Tandem PV, a perovskite solar startup, has secured $27 million in funding to advance its research and development efforts and build its first manufacturing facility. The funding round was led by existing investor Planetary Technologies, with participation from new investor Uncorrelated Ventures and executives from various corporate sectors. The company’s design combines conventional silicon solar cells with thin-film perovskite materials to boost their output and claims to produce tandem perovskite panels with 26% efficiency. Tandem PV plans to obtain independent industry-standard validation of efficiency and durability in 2024.

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