Oxford PV Licenses Perovskite Patent to TrinaSolar

In a significant boost to the future for Perovskite based PV technologies, Oxford PV, leading the commercialisation of perovskite-silicon tandem solar technology, and global solar major Trinasolar, have signed an exclusive patent licensing agreement for the manufacture and/or sale of perovskite-based photovoltaic (PV) products in China with an additional right to sublicense.

With the Chinese domestic photovoltaic (PV) market currently valued at over US$50Bn per annum and projected to grow to US$100Bn by 2030, this agreement is a major step forward in accelerating the deployment of next-generation PV technology, according to Oxford PV.

“This agreement is a milestone in our mission to make perovskite PV mainstream and affirms the pivotal role of patents in the photovoltaics of today and the future.”, said David Ward, Chief Executive Officer at Oxford PV. “We are delighted that Trinasolar, one of the world’s leading solar manufacturers, will be able to offer our technology to the Chinese market. Thanks to the relentless efforts of our team over the past decade, we are in a unique position to facilitate the transition of the solar industry to a high efficiency multi-junction technology platform. We encourage other parties interested in a license outside of China, to contact us.”

For India’s solar module makers, currently the 2nd largest manufacturing market in the world after China, the Perovskite based route offers a long term break possibly from being utterly dependent on China for all relevant inputs and even IP for TOPCON etc.

Gao Jifan, Chairman and CEO of Trinasolar, said “Trinasolar is actively driving technological innovation, focusing on fundamental, cutting-edge, and specialized research in advanced photovoltaic technologies. Trinasolar is kicking off a new era of industrialization for perovskite tandem technology, achieving integrated advancements in technological and industrial innovation to drive the solar industry forward.”

About Oxford PV

Oxford PV claims the strongest global patent portfolio in perovskite PV and a record of industry firsts. It has set itself a target to commercialise the technology  developed in its labs. Founded in 2010 as a spin-out of the University of Oxford, the company operates a manufacturing site in Brandenburg, Germany, and has been the first to deliver commercial tandem solar modules to the market.