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Hybrid c-Si/TF Startup Pulls Down $8M Funding
November 9, 2009
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1 Comment
New Hampshire, United States [Photovoltaics World online] Ampulse Corp., whose technology combines crystalline silicon (c-Si) and thin-film PV, has closed an $8M Series A round of funding, led by Globespan Capital Partners and El Dorado Ventures, with participation also from existing investors Battelle Ventures and affiliate fund, Innovation Valley Partners. The company says its technology applies a patented technique to deposit c-Si on a flexible substrate using hot-wire CVD and standard equipment (benefits: 60x reduced layer thickness, deposition time, and no multiple junctions), resulting in 75% reduction in cost and 2x module efficiency. According to Ampulse, the technology "blends the best efficiency properties of c-Si with the attractive manufacturing costs and application flexibilities of emerging thin-film photovoltaic (PV) technologies." Research partnerships are in place with NREL and Oak Ridge National Labs. (Read more from Photovoltaics World at electroIQ.com)
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Either this is too good to be true or you're looking at the future of PV. Wish I'd have gotten in on that initial offering.