Morgan Solar Inc. has secured USD$16.5 million in the first tranche of its Series B funding round. It aims to use the funds to make its Sun Simba concentrated photovoltaic modules commercially viable.
Solar Junction has reached 43.5 percent efficiency on a commercial-ready concentrated photovoltaic production cell. The news comes just two months after it achieved an efficiency of 41.4 percent.
A new survey has shown the number of renewable electricity projects in the south west of England has rapidly increased: photovoltaic installations comprise the lions share. However, it says proposed policy changes are risking further growth.
In another “efficiency record” for today, Q-Cells SE says it has reached an efficiency of 14.7 percent for a mass-produced CIGS thin film solar module, which has been manufactured via monolithic integration. This figure has been verified by Fraunhofer ISE.
Ernst & Young has published its updated renewable energy country attractiveness indices. While it says the “toxic legacy” of the financial crisis is ongoing, new investment in clean energy reached “unprecedented levels” last year, having hit USD$243 billion.
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