ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Tandem PV Appoints Clemens Hofbauer as VP of Manufacturing to Scale U.S. Production of High-Efficiency Perovskite Solar Panels

Tandem PV, a leader in perovskite solar technology, today announced the appointment of Clemens Hofbauer as Vice President of Manufacturing. Mr. Hofbauer brings decades of industry expertise as the company begins scaling commercial production of its high-efficiency tandem solar panels, following its recent $50 million Series A funding round.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250509328980/en/

Clemens Hofbauer, Vice President of Manufacturing, Tandem PV

Clemens Hofbauer, Vice President of Manufacturing, Tandem PV

Clemens joins Tandem PV with more than 25 years of experience in global solar and battery manufacturing. He previously served as General Manager of SunPower’s solar module facility in Hillsboro, Oregon, and held senior leadership roles at SolarWorld, Silicor Materials, and Sila Nanotechnologies. His background includes overseeing operations in the U.S., Germany, Sweden, and Canada, and leading the development of a $1 billion solar silicon plant in Iceland.

Tandem PV is currently building out the manufacturing infrastructure needed to accelerate product commercialization and meet growing demand. The company’s proprietary solar panels combine thin-film perovskite with conventional silicon, generating up to 30% more power than standard panels. By establishing large-scale U.S. production, the company will lower costs, shorten lead times, and help reestablish American leadership in clean energy manufacturing.

“Clemens brings a highly distinctive background that spans U.S. manufacturing, silicon solar production, and thin-film solar — a rare combination that makes him exceptionally well-suited to lead our manufacturing efforts,” said Scott Wharton, CEO of Tandem PV.

“I’m thrilled to join Tandem PV at such a pivotal moment, not just for the company, but for the future of American solar manufacturing,” said Clemens Hofbauer. “Building out domestic production for this next-generation solar technology is an exciting opportunity to help strengthen U.S. leadership in clean energy.”

Tandem PV was recently named to TIME Magazine’s list of the Top GreenTech Companies of 2025 and included in Congruent Ventures’ “50 by 2050” list of top climate tech startups.

About Tandem PV

Tandem PV is driving the transition to a net-zero economy by developing state-of-the-art perovskite-based solar panels, which combine durability and efficiency for broad deployment. The company produces its panels domestically to help the U.S. re-establish energy industrial leadership. Tandem PV’s co-founder and CTO, Colin Bailie, developed the world’s first perovskite-silicon tandem solar cell at Stanford and launched the company through the DOE’s Activate accelerator. Tandem PV has raised $83 million from Eclipse, Constellation Energy, the Department of Energy, and others. https://www.tandempv.com

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.