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.