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Financial

Saule Technologies gets closer to going public on NewConnect

Saule Technologies, developer and manufacturer of perovskite solar cells, recently announced that it is 'making good progress towards getting listed on the NewConnect Alternative Trading System'.

Saule and its shareholders, including the majority holder, Columbus Elite Global S.A. (formerly Blumerang Investors S.A.), have signed an investment agreement, setting the rules for Columbus Elite Global (CEG) to acquire Saule’s shares. With this transaction, Saule will become part of the CEG capital group, which is listed on NewConnect. In return for transferring their shares to Columbus Elite Global, Saule’s shareholders will get shares in the higher share capital of CEG.

Read the full story Posted: Oct 23, 2021

The DoE awards $1.25 million to perovskite research projects, issues an RFI for perovskite efficiency targets

The US Department of Energy (DoE) awarded nearly $40 Million for grid-decarbonizing solar technologies projects. The DoE awarded the funds to 40 research projects, several of which are perovskite related. We'll list the perovskite projects (which were awarded a total of $1.25 million) below.

The DoE also issued a request for information (RFI) to gather input on efficiency, stability and replicability performance targets for perovskite photovoltaic devices that could be utilized to demonstrate technical and commercial readiness for future funding programs.

Read the full story Posted: Oct 20, 2021

Project HIPER-LASE sets out to explore perovskite lasers

The German Research Foundation (DFG) is funding a new project, kicked off on October 5, 2021, called 'project HIPER-LASE'. The new project will explore the potential of perovskite semiconductors for realizing an on-chip electrically pumped laser.

Integrated photonic-circuits could trigger the next technological revolution in microelectronics. The prerequisite, however, is the availability of a cost-effective and scalable manufacturing technology. An excellent candidate for this task is the photonics platform based on silicon/silicon-nitride. What is still missing though, is an integrable laser source. In the DFG-funded project HIPER-LASE, AMO and partners RWTH Aachen University, the University of Wuppertal and the University of Siegen will explore the potential of perovskite semiconductors for realizing an on-chip electrically pumped laser.

Read the full story Posted: Oct 09, 2021

Hamamatsu Ventures USA invests in BlueDot Photonics

BlueDot Photonics has announced that Hamamatsu Ventures USA, the North American venture group of Hamamatsu Photonics K.K. of Japan, joined its Series Seed financing. This closes its $1 Million Series Seed financing and will allow BlueDot Photonics to move faster towards its goal of reducing greenhouse gas emissions through faster deployment of solar power.

BlueDot's technology aims to lower the cost of solar power by up to 10% by improving energy yield in silicon solar panels by up to 16%. Long-term, BlueDot is committed to pushing solar panel efficiency and costs beyond the limits of current silicon technology. The lead investor for BlueDot's Series Seed financing was VoLo Earth Ventures. Other investors include Clean Energy Venture Group (CEVG) of Boston, MA, E8 of Seattle, WA, and VertueLab of Portland, OR.

Read the full story Posted: Oct 01, 2021

Ascent Solar enters agreement with TubeSolar to jointly develop high efficiency CIGS-Perovskite tandem PV cells

Ascent Solar Technologies, a developer and manufacturer of flexible thin-film photovoltaic solutions, has announced the signing of a Joint Development Agreement with German agrivoltaic thin-film solar tube maker, TubeSolar, to pursue the Agricultural-photovoltaics/Agrivoltaics (APV) market.

It was indicated that this JDA is a multi-million-dollar, long-term supply agreement, forming a strategic partnership between Ascent Solar and TubeSolar. This JDA includes (i) long-term supplier of customized PV (“PV Foils”) for TubeSolar, (ii) Non-Recurring Engineering Fee (“NRE Fee”) of up to $4 Million, payable by TubeSolar to Ascent Solar in three parts, (iii) establishment of a joint venture entity to develop a new manufacturing facility located in Germany (“JV FAB”), (iv) the Company will benefit from milestone payments by TubeSolar of up to $13.5 Million, and (v) joint development efforts in next generation, high efficiency CIGS-Perovskite tandem PV cells.

Read the full story Posted: Sep 22, 2021