Tibo Energy secures funds to expand sales of cloud-based software supporting C&I assets
Netherlands-based Tibo Energy has raised €3 million from European early stage investors. Its software is used by businesses to manage and optimize their renewable energy assets and grid usage.
US startup developing perovskite-silicon tandem panels with 26% efficiency
Tandem PV has secured capital to advance its four-terminal perovskite-silicon tandem module technology and move closer to first manufacturing. The company claims its products maintain 80% of the initial performance after 25 years.
Chinese PV Industry Brief: Jinchen to raise funds for production equipment
Jinchen says it aims to raise CNY 1 billion ($140 million) through a private placement of shares.
Aira secures €145 million for heat pump expansion, manufacturing
Swedish heat pump manufacturer Aira has secured financing to expand its business, which targets the residential market. It has also obtained a grant to establish a heat pump production facility in Poland.
Aerosol process to boost perovskite solar cell performance
Aerosolar, a spinoff from the Queen Mary University of London, has created a novel aerosol method that it claims boosts efficiency and stability of metal halide perovskite solar cells.
German companies unite to bring virtual power plants to mid-sized businesses
Germany’s Electrofleet has invested in its virtual power plant technology partner Dieenergiekoppler. The two collaborate to enable mid-sized businesses to use self-produced renewable energy based on fixed price contracts. Dieenergiekoppler’s latest financing round solidified the collaboration.
Japan PPA market now includes solar carports
Sumitomo and Shikoku Electric have agreed to sell solar power to Japanese retailer Aeon Mall under a power purchase agreement (PPA). Around 15 MW of solar carports are now being developed to supply the electricity.
Swiss perovskite startup sets up indoor solar cell manufacturing
Indoor solar cell developer, Perovskia Solar, is setting up a factory in Switzerland that may reportedly print 1 million of its custom-designed perovskite devices annually. It targets the market for self-powering consumer electronics and internet-of-things devices, such as fire-alarms, fitness trackers, and sensors.
Chinese PV Industry Brief: DAS Solar launches IPO
Chinese module maker DAS Solar says it aims to raise $351.7 million through an initial public offering (IPO). It will use the funds to expand its cell and module capacity.
Futurasun starts construction of 2 GW back contact module factory in China
The Italy-based solar module manufacturer said it is progressing with its previously announced transition from module manufacturer to a vertically integrated manufacturer with 12 GW of cell capacity. It also said the project to build a module factory in Italy is going through a “complicated process.”
