Oxford Photovoltaics to receive EU finance

Oxford Photovoltaics Germany GmbH, a subsidiary of Oxford PV, has announced they have received an EU bank financing of €15 million, to support the transfer of its perovskite on silicon tandem solar cell technology from lab scale to commercialisation.

The European Investment Bank (EIB) funding, awarded to Oxford PV Germany GmbH, is the first financing in Germany under the InnovFin – EU Finance for Innovators’ Energy Demonstrator Projects’, with the financial backing of the European Union under Horizon 2010 Financial Instruments – aimed at supporting European innovators such as Oxford PV, tackling tomorrow’s challenges and supporting climate action.

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Source: Oxford Photovoltaics