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China's Maxwell to churn out machines for making perovskite solar panels

Nikkei Asia · last updated
China tech

China’s Maxwell to churn out machines for making perovskite solar panels

New $500m plant will handle equipment for next-gen tandem cells

The headquarters and development site of Suzhou Maxwell Technologies, a manufacturer of advanced production equipment, in Suzhou, a city near Shanghai. (Suzhou Maxwell Technologies)

BEIJING — Suzhou Maxwell Technologies, a Chinese maker of advanced production equipment, plans to spend 3.5 billion yuan ($506 million) on opening a factory to make machines for manufacturing perovskite solar cells, widely considered the next big thing in the growing solar power sector.

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