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TubeSolar AG: TubeSolar AG achieves important milestone with ZSW on the way to industrialising flexible perovskite solar cells

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DGAP-News: TubeSolar AG / Key word(s): Strategic Company Decision/Study
TubeSolar AG: TubeSolar AG achieves important milestone with ZSW on the way to industrialising flexible perovskite solar cells
18.07.2022 / 10:55
The issuer is solely responsible for the content of this announcement.

TubeSolar AG achieves important milestone with ZSW on the way to industrialising flexible perovskite solar cells

Augsburg, 18.07.2022 - As part of its perovskite research activities, TubeSolar AG, Augsburg, (ISIN DE000A2PXQD4) together with the Centre for Solar Energy and Hydrogen Research Baden-Württemberg (ZSW) has reached an important milestone on the way to industrial production of the novel photovoltaic technology: an efficiency record of 14 percent was achieved on solar films in the industrially suitable "roll-to-roll" process. In the process, the partners deposited all layers - with the exception of the front and rear contacts - using slot die. The speed of the coating process was over one metre per minute. The combination of this industrially suitable, fast production process and the high efficiency is groundbreaking. The flexible solar cells are used for the production of tubular photovoltaic modules, which can be used in agri-photovoltaics, among other applications.

The partners' objective is to transfer the high efficiencies currently achieved in research on small areas to larger solar films and thus to commercialise slot die deposition as an industrially suitable coating method for flexible perovskite solar cells. By further optimising the solar cell layer stack and the absorber as well as the conductivity of the electrodes, the technology can be significantly improved even further. The use of perovskite cells planned by TubeSolar AG should lead to an increase in the efficiency of the tubular photovoltaic (PV) modules and at the same time significantly reduce the production costs of the PV films and thus of the modules as a whole.

The benefits of TubeSolar's tubular photovoltaic modules - the combination of agricultural use (agri-photovoltaics) or a green roof and other functions of building surfaces ("green building") with the simultaneous generation of electricity on the same surface - can be further improved by the use of perovskite solar cells. Ideally, perovskite technology should already be used as part of the upscaling of highly automated mass production in the coming year.

About TubeSolar AG (www.tubesolar.de)

TubeSolar AG has taken over the laboratory production of OSRAM/LEDVANCE in Augsburg as a spin-off and acquired the patents from LEDVANCE and Dr. Vesselinka Petrova-Koch. TubeSolar AG has been using this patent-protected technology since 2019 to develop and manufacture photovoltaic thin-film tubes that are joined together to form modules and whose properties enable additional application opportunities in solar power generation compared to conventional solar modules. The technology will be used in the agricultural sector, among others, and will span agricultural production areas. The modules are also to be used on industrial and commercial roofs. In the next few years, it is planned to expand production in Augsburg to an annual production capacity of 250 MW.

About the ZSW (www.zsw-bw.de)

The Centre for Solar Energy and Hydrogen Research Baden-Württemberg (ZSW) is one of the leading institutes for applied research in the fields of photovoltaics, renewable fuels, battery technology and fuel cells as well as energy system analysis. Around 300 scientists, engineers and technicians are currently employed at the three ZSW locations in Stuttgart, Ulm and Widderstall. In addition, there are 100 scientific and student assistants. The ZSW is a member of the Innovationsallianz Baden-Württemberg (innBW), an association of 13 non-university, industry-related research institutes.

Service

Website: www.tubesolar.de

Contact Investor Relations:

Maximilian Fischer, mailto: m.fischer@tubesolar.de

max. Equity Marketing GmbH, Marienplatz 2, 80331 Munich, Tel.: +49 89 13928890


18.07.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

TubeSolar AG

Berliner Allee 65

86153 Augsburg

Germany

Phone:

+49 821 899 830 50

E-mail:

ir@tubesolar.de

Internet:

www.tubesolar.de

ISIN:

DE000A2PXQD4

WKN:

A2PXQD

Listed:

Regulated Unofficial Market in Dusseldorf (Primärmarkt), Frankfurt, Munich (m:access)

EQS News ID:

1399785


 

End of News

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