FOM Technologies participates in developing a European pilot line for innovative photovoltaic technology based on tandem solar cells. – Marketscreener.com

23.11.2022 14:02:57 CET | FOM Technologies | Investor News
Investor news no. 29 – 2022 | Copenhagen, the 23rd of November 2022
FOM made it through the narrow keyhole and has obtained a grant in a consortium accepted
by the EU Horizon Europe programme. The consortium consists of absolute top research institutes and companies in the Perovskite research field in Europe. Perovskite is expected to
be the future of solar power.

PEPPERONI, a four-year Research and Innovation project co-funded under Horizon Europe and jointly coordinated by Helmholtz-Zentrum Berlin and Qcells, will support Europe in reaching its renewable energy target of climate neutrality by 2050. The project will help advance perovskite/silicon tandem photovoltaics (PV) technology’s journey towards the market introduction and mass manufacturing. PEPPERONI‘s goal is to identify and address the barriers to tandem solar technology’s market introduction, and ultimately lay the foundations for new production capacity in Europe. A pilot line enabling this development will be established at Qcells’ European headquarters in Thalheim, Germany. The project began on 1. November 2022, with the long-term vision of enabling European industrial leadership on PV production in the global market.

Michael Stadi, CEO at FOM Technologies, said: “FOM is proud to be part of the PEPPERONI consortium with its world-class technology partners. This research promises to break new ground in the advancement of perovskite-silicon tandem solar cell and module technology. At a time of unprecedented pressures on the current energy system, it is exciting to realize this first and transformative step towards industrial-scale manufacturing of next-generation PV technology in Europe.”

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