PVTIME – SolaEon Technology Co., Ltd. (SolaEon), a leading Chinese manufacturer of new generation solar cells, recently signed an investment contract with the local government of Xuzhou City, China, as one of fifty-six contracts signed at the 27th Xuzhou Trade and Investment Fair.
SolaEon plans to invest about 1.2 billion yuan (approximately US$169.92 million) in the perovskite solar cell production base in the High-Tech Zone. Upon completion of the production lines with an annual capacity of 200MW and 1GW of perovskite cells, the production value is expected to reach 2 billion yuan (approximately US$283.2 million) per year.
To date, SolaEon has set new world records for perovskite solar cell efficiency seven times. In January 2024, it achieved a record high conversion efficiency of 21.95% on 300mm x 400mm monolithic perovskite tandem solar cells for MPPT. The company holds a world-leading position in four core technologies for perovskite cell production with excellent conversion efficiency and stability.
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