Ascent Photo voltaic says it would use its 5 MW manufacturing facility in Thornton, Colorado, to convey perovskite know-how from the lab to the fab.

“Efficient instantly, the ability is now devoted to the economic commercialization of Ascent’s patent-pending perovskite photo voltaic know-how that has demonstrated efficiencies within the lab of greater than 20%, akin to strong photo voltaic panels,” the module maker in US-based thin-film CIGS mentioned in a press release on Monday.

Individually, Ascent Photo voltaic additionally mentioned final week that it’ll purchase 15 MW of producing tools from a “main European producer of thin-film photo voltaic know-how.” It mentioned the deal might enhance its main manufacturing capability.

“This international manufacturing provides us the near-term flexibility to make this important funding in taking perovskite income from the lab to the fab,” mentioned Jeffrey Max, chief govt officer of Ascent Photo voltaic. “When translated to an industrial scale, the effectivity positive factors we recorded within the lab could possibly be a recreation changer for the photo voltaic trade.”

The corporate’s newly commissioned “Perovskite Middle of Excellence” will embody a devoted crew of consultants specializing in analysis, improvement, manufacturing, and operations.

In December, Ascent Photo voltaic secured $50 million in fairness financing. Its CIGS photo voltaic panels are designed to be used in house functions, aerospace, agrivoltaics, and industrial and industrial functions.

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