Flexible Electronics News

First Solar Acquires Perovskite Specialist Evolar

Strengthens global technology position in PV with addition of European leader in perovskite technology.

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

First Solar, Inc. announced that it has strengthened its global leadership in thin film photovoltaics (PV) by acquiring Evolar AB, a European leader in perovskite technology. The purchase price is approximately $38 million paid at closing and up to an additional $42 million to be paid subject to certain technical milestones being achieved in the future. The acquisition is expected to accelerate the development of next generation PV technology, including high efficiency tandem devices, by inte...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters