3S Swiss Solar Solutions completes 250 MW module factory in Switzerland
Switzerland-based module manufacturer 3S Swiss Solar Solutions opened its second production facility in its home country.
Germany’s Nexwafe mulling US wafer factory
German wafer manufacturer Nexwafe says it has set up a subsidiary in the United States to evaluate the potential to produce wafers in the country.
Chinese PV Industry Brief: Hoshine continues PV supply chain expansion
Hoshine says it will build a solar glass factory in Urumqi, the capital of China’s Xinjiang region, where it is also planning a 20 GW vertically integrated module manufacturing facility.
Soly raises €30 million for European expansion
The Netherlands-based home and office energy specialist raised capital to expand its offering into Italy, Spain, France, and Scandinavia. It is already active in Netherlands, Belgium, Germany, South Africa, and the United Kingdom.
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.
