Sulfurcell takes $134M for thin-film solar cells
A German solar startup called Sulfurcell has taken a €85 million investment led by €24 million from Intel Capital, for the development of a thin-film material for solar cells.
Sulfurcell works with CIS / CIGS, respectively copper-indium-sulfide and copper-indium-gallium-selenide. The latter material is used by many solar firms, but the combination of the two is less common.
The company creates “monolithic” cells, typically large sheets that can be subdivided into smaller cells if necessary.
In American dollars, the funding amounted to almost $134 million. Other investors included Climate Change Capital Private Equity, AIG, Demeter Partners, Zouk Ventures and BankInvest, with previous investors also participating.
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About the Author, Chris Morrison
Chris Morrison writes about cleantech and environmental issues for VentureBeat, with occasional forays into gaming and semantic technology. He got his start writing about tech for Business 2.0 magazine, but quickly realized new media was the ticket when that institution closed its doors in 2007. Chris has also covered public equities and regulatory issues. He originally hails from southern Virginia, graduated from Evergreen State College in Washington, and now lives in San Francisco.