Solar ink maker Innovalight shines with $15M
Innovalight, a Sunnyvale, Calif. company that has developed solar ink (made of liquid-like solar cells) capable of being printed onto conducting surfaces to generate power, has brought in $15 million of an anticipated $20 million round of equity and rights, according to a filing with the SEC.
This brings the company’s total raised to $55 million, with backers including Arch Venture Partners, Apax Partners, Convexa Capital, Harris & Harris, Seven Rosen Funds, Leader Ventures and Silicon… Continue Reading
Innovalight pushes solar ink to record efficiency
Innovalight, maker of liquid-like silicon cells that convert sunlight into energy, announced that its product has achieved 18 percent efficiency, a record for so-called solar inks. Given that typical solar panels are 12 percent efficient on average, this is quite the achievement — especially considering all of the unique applications for solar cells that you can print straight onto silicon.
Verified by both the U.S. Department of Energy’s National Reneable Energy Laboratory (NREL) and Germany’s Fraunhofer… Continue Reading
Spray-on solar ink is coming soon — to paint on roofs and generate energy
[Update: We've clarified this story to make clear that Innovalight is not involved with this project]
Technology to turn light-absorbing materials into nano-size particles to make so-called solar ink that can be sprayed on to roofs to generate energy, is apparently only three to five years from becoming a reality.
At least, that’s according to Brian Korgel, an entrepreneur and chemical engineer at the University of Texas at Austin. Korgel tells LiveScience that his project, which has… Continue Reading
Innovalight rakes in $5M for solar cell ink
Investors Leader Ventures and Silicon Valley Bank have shined on solar cell company Innovalight, providing $5 million in new financing toward the development of silicon solar modules so small they can be painted onto surfaces like ink.
The Sunnyvale, Calif. company uses liquid processing of silicon to produce nanosize solar prarticles that are not only more efficient than crystalline wafers, but also much cheaper to make than regular solar panels. It received $28 million last year… Continue Reading
Innovalight takes $5M for solar manufacturing equipment
Innovalight, a San Francisco-based company that makes flexible thin-film solar modules, has taken $5 million in equipment lease financing from ATEL Ventures.
The most common substance for thin-film cells is CIGS, but Innovalight uses a printed silicon-ink process. The deposition technique uses less silicon, and allows for the greater flexibility of Innovalight’s modules.
Last year, Innovalight took $28 million in financing and announced plans to build a manufacturing facility, which is slated to open this year.
Innovalight raises $28M for new ink-based solar cell
Innovalight, a Silicon Valley company that says it has come up with new solar cell with nano-particles of silicon, has raised a large $28 million round of capital and said it plans to open a 30,000 square foot manufacturing facility next year.Innovalight is still being very vague on the details of its technology, and it’s very late to the game. There are already more than a dozen other large companies and start-ups that are developing… Continue Reading