British perovskite solar cell developer Oxford PV has undertaken a new funding round, led by key existing investors Statoil and Legal & General Capital.
Perovskite specialist Oxford PV has relocated to a new HQ and R&D facilities.
Perovskite solar cell developer Oxford Photovoltaics said it was working with scientists at the new Helmholtz-Zentrum Berlin (HZB) innovation lab to further the optimisation of its perovskite cell materials for silicon heterojunction solar cell technology.
The German subsidiary of Oxford PV has been awarded €15 million (~£13.3 million) by the European Investment bank (EIB) to support the commercialisation of the company’s perovskite photovoltaic technology.
UK-based perovskite specialist Oxford PV has signed a joint development agreement (JDA) with a global manufacturer of solar cells and modules.
Perovskite start-up Oxford PV is developing a pilot-line in Germany that will bring its cells closer to commercialisation.