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Victoria-based Companies Solaires Enterprises and XLYNX Materials Collaborate to Build High-Efficiency Perovskite Solar Cells
Friday, April 26, 2024Company Profile | Follow Company
Local tech companies believe their combination of technologies can be a gamechanger for the future of solar power
Victoria, BC, April 26, 2024--(T-Net)--Two Victoria-based companies, Solaires Enterprises and XLYNX Materials, have announced a collaboration of efforts to build high-efficiency, high-stability perovskite solar cells that will unlock the full potential of recycled light.
The indoor photovoltaics market is entering a period of rapid growth and is projected to be worth $58 billion by the end of 2027. Perovskite-based indoor photovoltaics, like the technology produced by Solaires Enterprises, are expected to represent the largest share of this total market.
Solaires Enterprises is a cleantech company that has invented a unique perovskite-based solar technology with efficiencies as high as 35%. The company has recently announced plans for a new Langford-based production facility that will manufacture indoor perovskite photovoltaic modules, as well as a partnership with Shanghai-based Genesis Technologies to mass produce a perovskite solar alternative to traditional batteries for indoor electronic devices.
XLYNX Materials, a technology start-up spun out of the University of Victoria, is an award-winning specialty chemtech company that is developing innovative diazirine crosslinking technology to address polymer adhesion challenges. The company's molecular bonding agent, BondLynx, has also proven to be a highly effective stabilizing agent for perovskite solar cells, improving efficiency and long-term performance in recent studies.
Sean Bourquin, Director of Strategy, XLYNX Materials (Credit: XLYNX Materials)
"BondLynx was designed primarily as a molecular adhesive, but researchers working with our diazirine crosslinkers have discovered some pretty exciting new applications for this technology," remarked Sean Bourquin, Director of Strategy with XLYNX Materials. "The stability improvements it made in academic perovskite solar studies were remarkable, so we we're thrilled to find a neighbor like Solaires, right here in Victoria, to help validate the commercial potential of this application with their perovskite-based solar modules."
The two companies are now working on incorporating XLYNX's diazirine crosslinking technology into Solaires' perovskite inks to develop high-efficiency indoor solar modules.
The initial results have been encouraging and they believe their combination of respective technologies and expertise can be a game-changer in conventional battery-operated indoor device markets.
Dr. Sahar Sam, Co-Founder and CSO, Solaires Enterprises
"Through collaboration and innovation, we're not just changing the future of solar energy; we're engineering it," stated Dr. Sahar Sam, Co-Founder and CSO at Solaires Enterprises. "Our Solar InkTM and PVModules have unique properties to serve both the indoor and outdoor market. Our PVModules use wasted light to power battery-driven devices to reduce the number of single-use batteries. Through collaboration with XLYNX Materials, we are one step closer to making solar energy even more sustainable, cost-effective, and accessible."
About Solaires Enterprises Inc.
Founded in Victoria, BC, Solaires is pioneering the research and development of the next generation of solar cells. Solaires' key innovation is their perovskite-based PVModules that, unlike traditional materials, can generate electricity from both indoor and outdoor light. Solaires is one of the first companies to market PVModules for small, light, and flexible indoor applications. These modules are half the price, yield 2x better performance, and generate 50% less greenhouse gas emissions than conventional modules. Solaires is developing a wireless solution to charging IoT devices with an inexpensive and easy to print solar module that is revolutionizing the industry.
About XLYNX Materials Inc.
XLYNX Materials is an innovative chemtech company located in Victoria, BC, Canada, specializing in diazirine crosslinker adhesives, primers, and surface treatment solutions for low surface energy plastics like polypropylene and polyethylene. XLYNX is the global leader in materials-based diazirine crosslinking and is working with industry leaders and innovative researchers from around the world to address long-standing material adhesion, stability, and strengthening challenges.
The company's diazirine crosslinking technology has been published in numerous peer-reviewed academic journals, including Science, and the company was recently awarded a 2023 Innovation Award by the Adhesive and Sealant Council (ASC), joining past winners that include DuPont, Dow, PPG, and Avery Dennison.
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