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Oxford PV closes $150M Series D funding round to scale tandem solar manufacturing

Oxford PVPerovskite-Silicon Tandem Modules

Oxford PV completed a $150 million Series D funding round in January 2026, securing capital to scale manufacturing of perovskite-silicon tandem solar modules. The round valued the company at $1.2 billion, with funds directed toward expanding production capacity and facilities.

  • Funding round: $150 million Series D at $1.2B post-money valuation
  • Capital directed to scaling manufacturing capacity and facility expansion
  • Plans to establish new production facilities in Europe while leveraging Trina Solar license in China
  • Transition from pilot production to commercial manufacturing underway
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