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Tokyo Century rises for third day on additional investment in PXP to support mass production of next-generation solar cells
Tokyo Century Corporation <8439> extended gains for a third straight day. Tokyo Century announced on the 21st that it made an additional investment in PXP, a Sagamihara-based next-generation solar cell developer and manufacturer, and formed a business alliance to secure preferential product supply, sparking fresh buying momentum.
The investment aims to support PXP's mass production of next-generation solar cells. Tokyo Century plans to leverage its core strength in mobility to develop new business areas, such as energy self-sufficiency in mobile applications through integration into electric vehicles (EVs). Looking ahead, the company envisions utilizing perovskite tandem solar cells being developed by PXP to co-create optimal energy solutions.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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