Shenzhen S.C. Invests in Perovskite Solar Cell Tech

• Shenzhen S.C. is investing up to 961 million RMB (USD$134 million) in the manufacture of equipment for perovskite and perovskite tandem solar cells. This strategic investment is set to take advantage of the potential of the technology and enhance the company's position in the PV market. The project will focus on setting up production facilities in Jiangsu province, China, with an annual capacity of 160 PVD, 119 RPC, and 60 VEC equipment.

Shenzhen S.C. has announced its plan to invest up to 961 million RMB (USD$134 million) in the manufacture of equipment for perovskite and perovskite tandem solar cells. This strategic investment is expected to improve the company’s position in the rapidly developing PV market and enable it to capitalize on the potential of the technology. The project will focus on the establishment of production facilities in Jiangsu province, China, with an annual production capacity of 160 PVD, 119 RPC, and 60 VEC equipment. The company is confident that the project will drive the technology’s scalability and allow it to capture market opportunities in the perovskite solar cell equipment sector.

How Will Shenzhen S.C.'s Investment Impact Perovskite Solar Cells?

• The collaboration between Shenzhen S.C and Jiangsu province in China will enable a state-of-the-art production facility for production of perovskite solar cell equipment.
• The facility is expected to employ up to 200 workers with an annual output of over 300 sets of equipment.
• Shenzhen S.C.’s investment will likely contribute to the further development of PV production and allow the company to benefit from the growing global demand for solar cells.
• The project will also help to reduce the cost of solar cell production and increase efficiency, thus making PV technology more accessible to the public.
• The project is expected to lead to the further research of the potential for the technology, and will allow the company to explore potential commercial applications.
• This strategic investment will pave the way for Shenzhen S.C. to capitalize on the potential of the technology and gain a competitive edge in the PV market.