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Home / News / International market / California awards multi-million dollar grant to validate perovskite solar panels

California awards multi-million dollar grant to validate perovskite solar panels

Tested technology could achieve 43% efficiency and boost new generation of solar energy
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  • Photo by Caique Amorim Caique Amorim
  • July 21, 2025, at 14:59 am
1 min 23 sec read
California awards multi-million dollar grant to validate perovskite solar panels
Photo: Freepik

The California Energy Commission has awarded a $4 million grant to perovskite developer Tandem PV to test its tandem perovskite solar panels.

The resources will be used to conduct field tests and independent durability and performance analyses, considered essential steps to validate the technology before its entry into the market.

With a conversion efficiency of 28%, the modules developed by the company offer 30% better performance than traditional silicon panels. Studies by Oxford PV indicate that perovskite technology can theoretically achieve up to 43% efficiency.

This isn't Tandem PV's first public investment. In March, the company raised $50 million in a round of funding for the construction of a manufacturing plant. perovskite on a large scale in the United States.

“This new funding accelerates our durability testing to bring us closer to delivering a new standard for clean energy and providing proven, reliable, market-ready, high-efficiency solar power,” said Colin Bailie, founder and CTO of Tandem PV.

About Peroviskta

Perovskite is a crystalline structure that occurs in metamorphic rocks, which are formed by changes in pre-existing rocks, caused by increased pressure and temperature.

The mineral was discovered in the Ural Mountains, Russia, by Gustav Rose, a German mineralogist, in 1939. A perovskite can be purely inorganic or hybrid, where some components are organic, as is the case with those used in solar cells.

 

all the content of Canal Solar is protected by copyright law, and partial or total reproduction of this site in any medium is expressly prohibited. If you are interested in collaborating or reusing part of our material, please contact us by email: redacao@canalsolar.com.br.

California solar energy Investment peroviskite
Photo by Caique Amorim
Caique Amorim
Journalism student at the Pontifical Catholic University of Campinas. I have experience in producing journalistic material.
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