Constellation Energy has participated in a $50 million Series A funding round for Tandem PV, a pioneer in American perovskite solar technology. This investment supports Tandem PV's plans to construct a commercial-scale manufacturing facility in the U.S., aiming to accelerate the adoption of high-efficiency solar panels.
Tandem PV's perovskite solar panels currently achieve 28% efficiency and are projected to surpass 30% by late 2025, offering a 30% increase in power compared to average silicon panels. This technology also requires significantly less energy for production and integrates seamlessly into existing silicon infrastructure.
Constellation's involvement in this funding round underscores its commitment to investing in promising emerging technologies to eliminate carbon emissions across all sectors of the economy. This strategic investment aligns with Constellation's broader goal of expanding its clean energy portfolio and supporting domestic energy independence.
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