Yanhe Solar Invests $138 Million in Perovskite Factory

• Yanhe Solar lights up the future with a $137.91M investment in groundbreaking perovskite technology, showcasing impressive cell efficiencies and a bold factory expansion in Hunan!

Yanhe Solar, established in 2024, has signed an investment agreement worth approximately RMB 1 billion ($137.91 million) with Changde City, Hunan Province, to build a new perovskite material production base. The company has garnered angel funding from various investors and has made significant advancements in dry-process perovskite cell manufacturing, demonstrating high repeatability and efficiency.

Yanhe Solar reports certified efficiencies of 18.17% for its semi-transparent flexible modules and 24.1% for small-area flexible devices. The company has already launched a 10 MW perovskite cell production line and secured pre-orders totaling nearly RMB 10 million ($1.379 million).

What advancements have Yanhe Solar made in perovskite cell manufacturing and production?

Certainly! Here are some advancements that Yanhe Solar has made in perovskite cell manufacturing and production:

• Innovative Dry-Process Technology: Yanhe Solar has pioneered a dry-process method for fabricating perovskite solar cells, which reduces waste and energy consumption compared to traditional wet-process techniques.
• High Efficiency Ratings: The company has achieved impressive efficiency ratings, reaching 18.17% in their semi-transparent flexible solar modules and 24.1% in small-area flexible devices, positioning them as leaders in solar cell performance.
• Scalability of Production: With the launch of their 10 MW perovskite cell production line, Yanhe Solar has focused on scalable manufacturing solutions that can meet growing global demands for renewable energy technologies.
• Advanced Material Development: Continued research into advanced perovskite materials has led Yanhe Solar to optimize compositions, enhancing stability and moisture resistance in their cells.
• Automated Production Processes: The introduction of automation in their manufacturing processes has led to improved precision and consistency, which is critical in the mass production of solar cells.
• Collaborative Research Initiatives: Partnerships with research institutions and universities, aimed at accelerating innovation in perovskite technology, have bolstered their technological capabilities.
• Environmental Sustainability Focus: Yanhe Solar is committed to producing environmentally friendly products, utilizing eco-friendly materials in their perovskite cells and emphasizing sustainability throughout their manufacturing processes.
• Certification and Testing: The company has invested in rigorous testing and certification processes to ensure the quality and longevity of their perovskite cells, enhancing their market credibility.
• Expansion of Product Range: Plans to diversify their product lineup include developing additional applications for perovskite technology, such as integration into building materials and vehicle surfaces.
• Targeted Market Strategies: Yanhe Solar is focusing on both commercial and residential markets, aiming to provide tailored solutions that meet specific energy needs in different sectors.
• Investment in Workforce Training: The company places a strong emphasis on training and developing their workforce to ensure they possess the skills required for advanced manufacturing techniques and innovative technologies.

Through these advancements, Yanhe Solar is setting a strong foundation in the renewable energy sector, particularly in the promising field of perovskite solar technology.