Vestas to trial hydrogen service vessel at Belgian offshore wind farm
Jul 04, 2022 17:22 CESTDecember 16 (Renewables Now) - California-based Swift Solar on Tuesday said it has raised over USD 8 million (EUR 6.6m) in capital to fund the development of its perovskite tandem technology.
The company expects to close another USD 1.5 million in funding soon, bringing the total to USD 9.6 million.
The latest Series Seed 2 funding round was led by Sid Sijbrandij, CEO of the company behind software development application GitLab, and cryptocurrency expert James Fickel. A number of tech investors, finance professionals and angel investors also backed the company.
Swift Solar will use the cash to expand its research and development (R&D) capabilities, develop prototypes and expand its team.
The company's technology, which consists of multijunction, or tandem, structures of perovskite solar cells, is believed to have the potential to reach power conversion efficiencies of over 40%, up from the current limit of around 30%.
(USD 1.0 = EUR 0.820)
Vestas to trial hydrogen service vessel at Belgian offshore wind farm
Jul 04, 2022 17:22 CESTFire smoke at CSP plant in Spain forces two small towns into lockdown
Jul 04, 2022 17:21 CESTWpd sets 927-MW Gennaker offshore wind project in motion
Jul 04, 2022 16:47 CESTIndustry groups call for Ukrainian reconstruction based on renewables
Jul 04, 2022 16:44 CESTNordic Solar buys 220 MWp of solar projects in Sweden
Jul 04, 2022 15:22 CESTLukewarm interest in Chile's 2022 power auction
Jul 04, 2022 14:59 CEST