Saritha Paruri discusses her initial skepticism about Tandem PV before learning about its focus on utility-scale solar instead of niche electronic devices.
Assertion Partly supported
Paruri: Perovskite Solar Requires No Rare Earths and Nothing From China
“There's no rare earths or critical minerals, no kind of Supply chain sensitivities or vulnerabilities, right? Like nothing from the inputs or the tools has to come from China.”
Prediction Partly held up
Paruri: All-perovskite tandems could achieve 60% to 70% efficiency
“And over time, you can engineer out the silicon, and you're just doing perovskite on perovskite on perovskite tandems, You can get to 60 or 70% efficiency.”
Assertion Not checkable as stated
Paruri: Tandem PV Tested Module Outdoors for 18 Months Without Degradation
“For the last few years, we've been making 10,000 panels a year, testing those in our indoor accelerated labs and also external testing And, you know, we're there on our kind of R&D format where we're able to, you know, we had a module outdoors for 18 months wi…”
Disclosure
Paruri: Tandem PV secured 100% equipment financing for demonstration factory
“My understanding is that it's pretty unheard of, but we were able to get a hundred percent equipment financing for this demonstration factory. And so between that and venture debt, we were able to finance this 40 megawatt nameplate factory which is great.”
Assertion Open · timeframe Jun 2029
Paruri: Tandem PV delivers 30% efficiency boost over silicon, 50% over CdTe
“When you think about our technology compared to silicon, it's like a 30% improvement. When you think about it in compared to cad tell, it's a 50% improvement.”
Assertion Not checkable as stated
Paruri: Tandem PV customers safe-harbored ITC pipeline through mid-2030
“All of our customers utility-scale customers were able to successfully safe harbor, like, gigawatts worth of project pipeline, and so the investment tax credit for all of our customers is still intact through mid- twenty-thirty.”