Recently, the official of " Yanhe Science and Technology " announced that. The company has formally signed a " with Hangzhou Foster Applied Materials Co., Ltd. The two sides will carry out in-depth research and development and landing cooperation around key supporting materials for space photovoltaic, and build a collaborative system integrating technical research, test verification, large-scale application and optimization and upgrading. In
the landing implementation stage, Foster will strictly follow the space standards to customize the research and development of material samples , and Yanhe Science and Technology will be responsible for carrying out ground simulation environment testing and solar wing process adaptation, and rel Ying on its own space resources to complete space on-orbit verification, and synchronously return measured data. Reversely promote the continuous optimization and upgrading of materials.
15, The company signed a strategic cooperation framework agreement with Tianjin Yunyao Aerospace Technology Co., Ltd . The two sides will rely on their respective advantages in the fields of commercial aerospace and new energy, focus on the deep synergy of the whole space photovoltaic industry chain, and promote the on-orbit verification and commercialization of perovskite solar wing technology. (For details, please click:
It is the experience of deep potential technology that gives Feng Fan a keen insight into the pain point of the industry: "AI drives the rapid development of software, but hardware innovation is always limited by the energy structure , and perovskite can fill this gap." In September
2023, Feng Fan joined hands with Dr. Peng Zongyang of Peking University to start a joint venture, and Yanhe Science and Technology officially landed at the beginning of the following year. Unlike traditional photovoltaic companies focusing on large crystalline silicon components, the team initially focused on consumer electronics and smart home tracks, focusing on light, small and thin perovskite solar cell components .
By July 2024, Yanhe Science and Technology will build and run through the 10 MW pilot line in Huairou, Beijing , and quickly complete the engineering transformation of technology; Only one year later, the 100MW fully automated mass production line in Changde , Hunan, was officially put into operation, which is also the first fully automated mass production line of consumer perovskite solar cells in China. On the
application side, Yanhe Technology has cooperated with Lenovo, Green Rice and other enterprises to develop intelligent hardware products with perovskite solar cells. Up to now, the company has reached cooperation with nearly 100 well-known brands in more than 50 countries and regions around the world, and the annual industrialization orders are expected to reach tens of millions of yuan . Bet
like crazy! Only about half a year after
its establishment , Yanhe Technology received angel round financing from Hunan Caixin Group and Zhongke Guangrong; in December 2024, it received tens of millions of angel + round financing from Chaoxi Capital.
In the second half of 2025, the financing rhythm of Yanhe Science and Technology has been further accelerated .
First, in October 2025, the company completed over 100 million yuan A round of financing; Then in January 2026, Yanhe Science and Technology completed nearly 100 million yuan A + round financing to accelerate the construction of production line of perovskite solar cell base in Changde , Hunan, promote the iteration of core technology of perovskite solar cell and expand the global market layout.
Four months later, Yanhe Science and Technology completed hundreds of millions of A + + rounds of financing for technology iteration, capacity expansion, space photovoltaic production line construction and industrial ecological synergy, and comprehensively accelerated the commercialization of technological achievements.
So far, only about two and a half years after its establishment, Yanhe Science and Technology has completed five rounds of financing , including Angel Round, Angel + Round, A Round, A + Round and A + + Round , with a total disclosed financing amount of hundreds of millions of yuan. Successive
capital injection is not accidental, behind which is the industry dividend brought by the full outbreak of the space photovoltaic track. With the support of the tuyere, the perovskite start-up has successfully gained several rounds of large capital.
Feng Fan disclosed that in the future, the company will operate the existing 100MW production line at full capacity to ensure that the sales volume will exceed 100 million in 2026; The 500MW flexible production line will be built simultaneously , striving to put into operation in the first half of 2027. The intensive layout of Yan and technology in
the postscript
is the epitome of the explosive development of the current space photovoltaic track. According to Digital New Energy DataBM.
More noteworthy is that during the SNEC Photovoltaic Conference in 2026, the two "space alliances" were officially announced on the same day. ground photovoltaic capacity tends to be saturated, and the industry urgently needs to develop new incremental tracks.". The trillion-dollar space market, which was only conceived at that time, has now become the direction of the industry's collective bet. Industry insiders said that with the centralized launch of a number of on-orbit tests, this blue sea is expected to usher in tens of times growth in the next decade.
However, it has to be admitted that space photovoltaic is still difficult to land in the short term (3-5 years).
Vision is moving, but just looking up at the stars is not enough, we should be down-to-earth . For photovoltaic enterprises in deep winter, this trillion blueprint is ultimately a distant water "difficult to save" near fire. As a potential technology of space photovoltaic,
perovskite is still facing many serious challenges such as stability .
As Professor Martin Green poured cold water on perovskite at the 2025 Optical Storage Conference: "It may take five years, ten years, or even never to find a truly stable perovskite material .". Only after the stability problem is really solved, the mass production of GW class is possible. "
Perovskite is the golden key to open space photovoltaics, but this key is far from being polished.". Winter has not passed, for photovoltaic enterprises, calm down, down-to-earth winter , perhaps more urgent than looking up at the stars.
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