Sulfurcell Lands Equity Funding From Intel For Thin-Film Tech Expansion

Posted by weijing3333 on November 4th, 2015


Sulfurcell, a manufacturer of sulfur-based and selenium-based thin-film solar modules, has secured 18.8 million euros in equity funding for the expansion and market introduction of its second-generation thin-film PV technology.The financing round was led by Intel Capital, the global investment arm of Intel Corp. Intel was joined by a group of leading European and U.S.-based cleantech investors who gave an 85 million euro equity funding to Sulfurcell in July 2008.Sulfurcell was founded in 2001 as a spin-off of the Helmholtz Centre for Materials and Energy, previously known as the Hahn-Meitner Institute.SOURCE: Sulfurcell

Abound Solar, a manufacturer of cadmium telluride thin-film photovoltaic solar modules, has received U.K. Microgeneration Certification Scheme (MCS) certification for its AB1 Series of photovoltaic modules.MCS certification enables photovoltaic systems using Abound modules to qualify for U.K. feed-in tariffs."Total installed solar power capacity is growing significantly in the U.K.," says Julian Hawkings, Abound Solar's senior vice president of sales and marketing. "Abound Solar is very excited to be expanding into the market and expand on new and existing relationships with system integrators and project developers in the region."

SolarCity says it is expanding its operations to the East Coast with its acquisition of Clean Currents Solar, the solar installation division of Mid-Atlantic-based independent green energy company Clean Currents LLC.SolarCity will serve Maryland and the District of Columbia from its new operations center in Silver Spring. The company plans to make its first zero-down solar lease available to Maryland and Washington, D.C., homeowners in mid-February.SolarCity will also invest in Clean Currents LLC, take a minority ownership stake in the company and retain of all the Clean Currents Solar employees who are joining the company as part of the acquisition.

NRG Energy Inc. says that its 290 MW Agua Caliente solar project has received an offer of a conditional commitment for a loan guarantee of up to 7 million from the U.S. Department of Energy (DOE). NRG's acquisition of the project from First Solar was announced last month.The project, which began construction in Yuma County, Ariz., last year, is expected to be complete by 2014. First Solar has developed the installation and is serving as the engineering, procurement and construction contractor, using its thin-film PV modules. First Solar will also provide operations and maintenance services.

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