Oxford PV raises £31 Million funding

Oxford PV recently announced first close of Series D funding round, attracting major new investment and continued support from existing shareholders. The Company raised £31 Million - around $41 Million USD.

The round includes a major new investment from Goldwind, the leading provider of integrated renewable energy solutions in China, as well as investment from existing shareholders including Equinor and Legal & General Capital.

Brazilian oil giant invests millions in perovskite solar R&D

Brazilian state-run oil major Petroleo Brasileiro, or Petrobras, has signed a partnership deal with Centro de Inovacoes CSEM Brazil to develop materials for the production of printed and flexible solar cells based on perovskite technology.

Under the research and development (R&D) agreement, Petrobras will invest BRL 23.77 million (USD 6.2 million/EUR 5.6 million) over a 30-month period. The main goal is the production of a prototype module and obtaining the know-how needed to make the industrial production of solar films with perovskite technology technically and economically viable.

Perovskite solar cell developer Swift Solar raises $4.6 million

Swift Solar logo imageSwift Solar, A U.S startup designing and manufacturing perovskite solar panels, has announced raising $4.6 million as part of a $6.6 million investment round.

The team at Swift Solar in Colorado includes leading solar technologists from Stanford, MIT, Cambridge (UK), Oxford (UK), and the University of Washington, with expertise in perovskite photovoltaic technology and scale-up. Swift’s core technologies range from new solar cell architectures to specialized manufacturing techniques initially developed in the labs at Stanford and MIT.

Greatcell Solar announces bankruptcy

The Directors of Greatcell Solar have sadly announced that a decision was taken to appoint administrators to the Greatcell Solar group of companies following sustained, but ultimately unsuccessful, attempts to secure re-financing for its activities.

An array of 6 perovskite solar cells (GreatCell Solar)

Greatcell Solar Limited, Greatcell Solar Industries and Greatcell Solar Australia were placed into voluntary administration. The decision follows a series of unfortunate and unwelcome developments in recent weeks, including the untimely death of Chief Scientist, Dr Hans Desilvestro in a mountaineering accident on 10 November.

Greatcell Solar provides financial updates

Greatcell logo imageGreatcell Solar has provided an update on matters relating to its current financial position.

Greatcell reports that significant progress has been achieved in recent weeks; An agreement has been reached with the Australian Renewable Energy Agency (ARENA) on variations to a previously signed funding agreement, which will result in a payment of $425,000 AUD (around $307,200 USD) to Greatcell.