Solaires and Genesis Tech JV to Build Highest Efficiency Perovskite PVModules
Solaires Team | Victoria, B.C | February 26th, 2024
VICTORIA, BC, February 26th of 2024 - Solaires Entreprises Inc., a British Columbia based cleantech startup revolutionising the solar industry with high power conversion efficiency photovoltaic modules (PVModules) announces their Joint Venture with Genesis Technologies, a Shanghai based manufacturer. The companies are working towards mass production of PVModules to replace batteries in indoor electronic devices.
Solaires will provide the technology and Genesis will provide manufacturing as part of the Joint Venture. Genesis Technologies has committed to investing more than $4 Million USD to develop Solaires’ manufacturing site through purchasing production line equipment, carrying out personnel training and executing daily operations for the Joint Venture.
“Solaires’ customers are eager to see our unique perovskite-based highest efficiency PVModules in mass production” - Said Fabian de la Fuente, CEO of Solaires. “We are delighted to work with Genesis to fulfil orders from our customers”.
- Fabian de la Fuente | Solaires Co-founder and CEO
“Our partnership with Solaires will help customers receive state-of-the-art PVModules for mass deployment” - Said Brian Yang, CEO of Genesis. “We are hoping to create new market opportunities globally through this Joint Venture”.
Brian Yang | CEO of Genesis Technologies
- PVModules with Superior Light Absorption
- About Solaires Entreprises Inc.
- About Genesis Technologies
By 2030 it’s projected that there will be 15 billion battery-driven devices demanding 800 GW of power. There is a global need for clean, indoor solar power that isn’t satisfied by conventional photovoltaic modules. Solaires has developed an inexpensive and easy to print PVModule that is revolutionising the industry. Resulting in better performance, higher energy conversion efficiency (35% for indoor) and a cleaner manufacturing process than traditional materials such as silicon. Solaires’ PVModules are a cleaner, more cost-effective alternative to conventional charging methods. The product enables self-charging of battery-driven devices such as wireless keyboards, smart door locks, electronic shelf labels, sensors, IoT devices, and more.
Founded in Victoria, BC, Solaires is pioneering the research and development of the next generation of solar cells. Solaires’ key innovation is their perovskite-based PVModules that, unlike traditional materials, can generate electricity from both indoor and outdoor light. Solaires is one of the first companies to market PVModules for small, light, and flexible indoor applications. These modules are half the price, yield 2x better performance, and generate 50% less greenhouse gas emissions than conventional modules. Solaires is developing a wireless solution to charging IoT devices with an inexpensive and easy to print solar module that is revolutionising the industry.
Founded in Shanghai, China, Genesis Technologies Co., Ltd is an organisation dedicated to the research, development, and application of emerging energy technologies and materials. Genesis Technologies has built the first ever “Zero-carbon Oil Drilling System” for PetroChina, and founded the Clean Energy Application Technology Research Institute with Shanghai Environmental Protection Industry Research Institute. The company is committed to providing first-class international hydrogen production solutions, hydrogen energy storage systems, zero-carbon CHP systems, perovskite component production applications, and new energy technology training.
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Solaires Entreprises Inc.