VentureBeat

A German solar startup called Sulfurcell has taken a €85 million investment led by €24 million from Intel Capital, for the development of a thin-film material for solar cells.

Sulfurcell works with CIS / CIGS, respectively copper-indium-sulfide and copper-indium-gallium-selenide. The latter material is used by many solar firms, but the combination of the two is less common.

The company creates “monolithic” cells, typically large sheets that can be subdivided into smaller cells if necessary.

In American dollars, the funding amounted to almost $134 million. Other investors included Climate Change Capital Private Equity, AIG, Demeter Partners, Zouk Ventures and BankInvest, with previous investors also participating.