With $15M new funding, Cyrium will fight Boeing and Emcore for the concentrating solar market

With $15M new funding, Cyrium will fight Boeing and Emcore for the concentrating solar market

When we talk about concentrating photovoltaics (CPV), it’s the lenses, mirrors and tracking systems that focus sunlight onto solar cells that get all the attention. But why not the cells themselves? A little-discussed handicap in CPV is the near-monopoly two public companies, Boeing’s (BA) Spectrolab and Emcore (EMKR), enjoy on high-efficiency cells.

That’s starkly different from the other solar markets, in which dozens of startups are vying for attention. One reason the two companies reign uncontested… Continue Reading