PVTIME – Perovskite solar technology developer RadianX, based in the United States, has secured USD 9 million in funding. The raised capital will be directed towards constructing and certifying a commercial production line for its perovskite photovoltaic modules.
This investment is a pivotal step in the company’s efforts to transition from the development stage to formalised manufacturing. Once the new production line has been successfully certified, the business will be able to supply finished perovskite modules to commercial buyers.
This financing marks a notable milestone for thin-film solar innovation as the wider sector continues to pursue viable pathways for the mass production of perovskite modules. The firm has not released additional details on the separate components of the funding round.
