BOE's $100M Investment in Perovskite PV Pilot Line

Jul 10, 2024 02:09 PM ET
  • BOE Technology Group's $100 million investment in perovskite solar cell production showcases their dedication to innovation in renewable energy.
BOE's $100M Investment in Perovskite PV Pilot Line

BOE Technology Group Co. is set to invest over USD$100 million in a new pilot line for the production of perovskite solar cells in Hefei City, China. The project, initiated by Hefei BOE PV Company, aims to produce 912,500 cells per year for R&D testing and exhibition purposes, not for commercial sale.

BOE entered the photovoltaic industry in 2023 and established its PV subsidiary in March 2024 with a focus on high-efficiency perovskite thin-film solar cells. The company's investment in the pilot line underscores its commitment to advancing research and development in the renewable energy sector.

What is BOE Technology Group's investment in perovskite solar cell production in China?

  • BOE Technology Group Co. is investing over USD$100 million in a new pilot line for perovskite solar cell production in Hefei City, China.
  • The project is led by Hefei BOE PV Company and aims to produce 912,500 cells per year for R&D testing and exhibition purposes, not for commercial sale.
  • BOE entered the photovoltaic industry in 2023 and established its PV subsidiary in March 2024, focusing on high-efficiency perovskite thin-film solar cells.
  • The investment in the pilot line demonstrates BOE's dedication to advancing research and development in the renewable energy sector.

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