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First Solar Secures U.S. License to Oxford PV’s Perovskite Patents

The agreement aligns with First Solar’s U.S. buildout, including a sixth plant slated for the second half of 2026.

Overview

  • The non-exclusive license grants access to Oxford PV’s issued and pending perovskite patents for potential U.S. manufacturing and distribution, explicitly excluding crystalline silicon, with financial terms undisclosed.
  • First Solar says the deal supports ongoing work to commercialize thin‑film devices using perovskite for utility, commercial and industrial, and residential markets.
  • The company reports more than $2 billion invested in thin‑film R&D and early progress on a Perrysburg, Ohio perovskite line meeting internal targets for efficiency, stability, and manufacturability.
  • Oxford PV claims the strongest global perovskite IP portfolio, manufactures perovskite‑on‑silicon tandem cells and modules in Brandenburg, Germany, and has shipped limited modules to a U.S. developer.
  • First Solar operates five U.S. factories and is building a South Carolina plant due in H2 2026 that is expected to add 3.7 GW of annual capacity, bringing nameplate capacity to about 18 GW in 2027 after roughly $4.5 billion invested since 2019.