Executive moves in solar, storage, cleantech, utilities and energy transition finance.
Another busy funding week with solar IPOs on deck and venture capital investments — but no cleantech SPACs in the last few day, at least.
The EU-funded Nextbase project aims to manufacture heterojunction, interdigitated back-contact solar modules for less than €0.275/W. Solar panels featuring the Nextbase cell tech are expected to have a conversion efficiency of 23.2%, according to the European Commission.
Also African microgrids, $200 million for solid-state batteries, $20 million for utility field safety, billions for infrastructure, and millions for deep tech.
Batteries have won the lion’s share of recent cleantech venture capital — but here are some recent funding rounds for fusion, graphene, electrical panels, circuit breakers, geothermal drilling and direct-air capture of CO2.
Executive and boardroom moves in solar, storage, cleantech, utilities and energy VC.
Direct-air capture, along with its mythic sisters, clean coal and carbon capture and sequestration, is a process where CO2 from fossil generators and industrial sources is captured, treated and injected into underground earth formations for permanent storage or for industrial use.
The product costs around $28 to $30 per square-foot although prices will vary depending on project complexity. Swiss manufacturer Freesuns says its tiles can be used on historic buildings and can cover 100% of rooftops.
Researchers from Switzerland’s École Polytechnique Fédérale de Lausanne have used molybdenum oxide as the hole-selective contact in a heterojuction silicon cell. The scientists claim the compound can compete with traditional contacts despite a lower level of optimization.
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