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Leascend Photovoltaic Technology (LPV) develops and manufactures high-efficiency solar cells, specializing in advanced heterojunction (HJT) and Perovskite Solar Cell (PSC) technologies. The company’s technical approach focuses on maximizing power conversion efficiency, recently achieving 32.99% PCE on Perovskite-Si HJT Tandem Cells, targeting next-generation solar solutions and large-scale production.
Established in January 2023 in Meishan City, China, LPV was formed through the joint investment of three public listed companies. This strategic collaboration stemmed from the insight that accelerating commercialization of cutting-edge solar cell technologies required unified research and industrialization efforts, leveraging collective resources to meet global demand for efficient energy.
LPV supplies advanced solar cell components to large-scale manufacturers and integrators. The company envisions itself as a pivotal enabler of the global renewable energy transition, aiming to deliver highly efficient, cost-effective solar cells that significantly lower electricity costs, broadening access to clean power worldwide.
LPV has 1 tracked investment across 1 company. The latest tracked deal is $15.0M Series A in Bigblue in March 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Mar 1, 2022 | Bigblue | $15.0M Series A | Dmitry Chikhachev | Samaipata |