Nexwafe closes financing round with €32 million
Innovative solar wafer company Nexwafe has closed its latest financing round with €32 million. The round was lead by the Indian group Reliance, which contributed €25 million to the round. The Freiburg-based wafer manufacturer intends to use the funds to drive forward the production and commercialization of its kerfless PV wafers.
US startup wins $7.6 million in funding for ribbon silicon furnaces
Leading Edge Equipment Technologies falls in the kerfless solar wafer or direct solar wafer category. Its “drop-in” manufacturing tech cuts wafer costs by 50%, drives up commercial PV power by 7%, and reduces manufacturing emissions by 50%. It’s the emissions piece that may be winning over investors.
1366 Technologies and Hanwha Q Cells to open wafer factory in Malaysia
The U.S. wafer maker and the Korean module manufacturer expect to ramp the Malaysian factory no later than September. The fab is next to Hanwha’s existing cell and module facilities and 1366 Technologies plans to produce its Direct Wafers on a gigawatt scale for less than $0.20 per piece.
1366 Technologies, Hanwha Q Cells hit 20.3% cell efficiency with Direct Wafer process
U.S. based PV innovator 1366 Technologies, and Korean PV manufacturer Hanwha Q CELLS have announced a new performance record for cells produced using 1366’s Direct Wafer technique. The cells achieved 20.3% efficiency, which has been independently confirmed by Fraunhofer ISE.
