Solannex has developed a groundbreaking packaging technology for flexible thin film PV semiconductors, cutting more than 50% of the conversion costs for modules. This innovative approach not only allows for new module designs and installation methods, enabling a potential 50% reduction in balance of system costs, but also aims to offer PV at a total installed cost of $2/watt, a significant reduction from the current average of $3.50/watt or more. Compatible with various PV semiconductor technologies including CIGS, CdTe, thin silicon, III/V, and organic PV, Solannex's packaging technology presents a versatile platform leveraging extensive investments. The latest $3.00M Series A investment was secured on 05 September 2008 with Sierra Ventures as the lead investor.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Series A | $3.00M | 1 |
|
05 Sep 2008 |
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