Deals Counterparts

First Solar licenses perovskite patents from Oxford PV

Partnership Solar announced Perrysburg, USA Feb 25, 2026
development
Stage

First Solar has signed a patent licensing agreement with Oxford PV, which provides First Solar with access to Oxford’s existing issued patents and currently pending patent applications for perovskite solar technology. The non-exclusive license allows First Solar to continue advancing its development of solar PV devices employing a perovskite semiconductor for potential applications in the U.S. utility-scale, commercial and residential markets.

Deal Analysis

First Solar's licensing agreement with Oxford PV represents a strategic move to enhance its technological capabilities in the solar energy sector. By gaining access to Oxford PV's perovskite solar technology patents, First Solar aims to further its research and development efforts in perovskite-based solar PV devices. This non-exclusive license positions First Solar to potentially integrate perovskite semiconductors into its solar energy solutions for utility-scale, commercial, and residential applications within the U.S. market. While the financial terms of the agreement remain undisclosed, the partnership signifies a commitment to exploring next-generation solar technologies. The deal is notable due to the involvement of two key players in the solar industry: First Solar, a leading American solar technology company, and Oxford PV, a specialist in perovskite-on-silicon tandem solar cells. This collaboration could accelerate the development and commercialization of perovskite solar technology, potentially leading to more efficient and cost-effective solar energy solutions. The agreement underscores the growing interest in perovskite technology as a promising alternative to traditional silicon-based solar cells. The outcome of First Solar's development efforts leveraging this licensed technology will be closely watched by industry participants and investors alike.
  • First Solar gains access to Oxford PV's perovskite solar technology patents.
  • The non-exclusive license allows First Solar to develop perovskite-based solar PV devices for the U.S. market.
  • The deal involves two prominent players in the solar industry: First Solar and Oxford PV.
  • The agreement highlights the growing interest in perovskite technology as a potential alternative to silicon-based solar cells.
Market Context: The solar energy sector is experiencing rapid technological advancements, with companies actively pursuing innovations to improve efficiency and reduce costs. Perovskite solar cells are emerging as a promising technology with the potential to surpass the performance of traditional silicon-based solar cells. The U.S. market is a key target for solar energy deployment, driven by government incentives and increasing demand for renewable energy sources.

Source Intelligence

KEY DETAILS

First Solar acquired European perovskite company Evolar AB in 2023. Quote: In 2023, First Solar acquired European perovskite company Evolar AB.

Location
The company’s investments include a new perovskite development line at its Perrysburg, Ohio, campus
Announcement
Posted on February 25, 2026 by Now.Solar
PARTIES MENTIONED IN SOURCE
F
First Solar buyer

"First Solar gets access to Oxford PV perovskite patents"

O
Oxford PV seller

"Oxford PV , a solar perovskite company operating in Europe, has opened its patent portfolio to American panel manufacturer First Solar ."

high quality Enriched Feb 25, 2026

Timeline

Announced
Feb 25, 2026
Signed
Closed

Market Context

This deal is part of the Solar sector in USA.
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