Solairedirect raises $26M for French solar power

A Paris company called Solairedirect has raised $26 million (€20 million) for solar power production, including both rooftop and ground installations of solar panels.

The outfit calls itself an “integrated solar power provider,” with its fingers in all stages of the business, from manufacturing the panels to the maintenance and operation of installed equipment.

According to a press release, Solairedirect has 150 employees, and 300 megawatts of solar power currently in development.

Existing investors Demeter Partners, Schneider Electric Ventures… Continue Reading

Sulfurcell takes $134M for thin-film solar cells

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… Continue Reading