Oxford Photovoltaics

The company was founded in 2010 by Henry Snaith^[1] and Kevin Arthur.^[2] As of 2019^[update] the company has raised $100 Million in investment with support from Oxford University Innovation, Goldwind^[5] the University of Oxford, Innovate UK^[6][7] the European Investment Bank (EIB), Legal & General, the Engineering and Physical Sciences Research Council (EPSRC)^[8] and Equinor.^[9][10][11] The largest shareholder is the Swiss cell and module production equipment manufacturer Meyer Burger.^[12]

In January 2024, they set a new record of 25% efficiency from industrial sized solar modules. In June 2024, they set another new world record for residential solar panels achieving a 26.9% efficiency from perovskite-on-silicon tandem solar cells. This will allow consumers benefit from upwards of 20% more power from the same footprint.^[13]

The company exploits solid-state physics using metal halide high efficiency perovskite solar cells^[14] and was among MIT Technology Review’s top 50 most innovative companies of 2017.^[15][16] Oxford PV is headquartered in Yarnton,^[17] Oxfordshire with an industrial pilot line in Brandenburg an der Havel, near Berlin, Germany.^[18]