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Evolar

First Solar acquires Swedish perovskite specialist Evolar

First Solar has agreed to pay $38 million to buy Swedish manufacturing startup Evolar AB, as it seeks to expand development of high-efficiency tandem PV tech.

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New tech to apply perovskite thin-film layers to conventional solar panels

According to its creator, Swedish start-up Evolar, the new technology can be applied to existing production lines for crystalline silicon modules and increase a product’s efficiency by around 5%.

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