Tandem PV, a California startup developing a solar panel that pairs the mineral perovskite with traditional silicon, has raised an initial $6 million in a Series A that will see a second closing within the next 90 days, co-founder and CEO Colin Bailie tells Axios.
Why it matters: Tandem PV says that coating typical solar photovoltaic panels with perovskite can make them 50% more efficient while driving down production costs by nearly a third.
