US perovskite company Tandem PV has closed on the first half of a US$12 million Series A raise after raising US$6 million for building a pilot manufacturing facility in its headquarters of San Jose, California.
US-focused Tandem PV will use this investment to manufacture its first commercial grade tandem solar panels intended to equip customers with more efficient and affordable solar energy.
The company specialises in ‘ultra-high-efficiency’ tandem metal-halide perovskite solar panels. It changes silicon solar panels into high-efficiency tandems by leveraging perovskite-coated front glass via a drop-in manufacturing replacement.
