Meyer Burger, partners to develop perovskite solar modules

Meyer Burger Technology AG (SWX:MBTN) said today it has joined forces with several partners to research and develop perovskite solar modules, targeting an efficiency rate of more than 30%.

Along with the Swiss solar module manufacturer, the consortium that is working on the project includes Swiss innovation centre CSEM, Helmholtz-Zentrum Berlin (HZB), Fraunhofer ISE, and the University of Stuttgart.

The partners will seek to industrialise the perovskite tandem technology in an effort to boost the energy yield of commercial solar modules manufactured at Meyer Burger's production sites. To do this, they will apply the results from HZB's laboratory trial, in which a 31% efficiency rate was achieved, to the manufacturing of commercial products.

Meyer Burger noted that it is already making progress in the industrialisation of perovskite technology as together with CSEM, it has achieved an efficiency rate of 29.6% for a 25-sq-cm perovskite tandem solar cell through a combination of heterojunction silicon cells with perovskite structures.

The Swiss company aims to increase its annual production capacity for solar cells and modules to 3 GW by the end of 2024. To support this plan, it raised CHF 250 million (USD 267.9m/EUR 253.6m) in a share issue in November.

(CHF 1 = USD 1.072/EUR 1.015)

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