Siva Power Closes $25M Deal
US CIGS innovator raises further funding for developing its solar module business
Siva Power, a US developer of thin-film CIGS solar technology, has announced the closing of aÂ $25 million dollarÂ round focused on building out its pilot line and developing its solar module business.Â
Siva Power says it is continuing toÂ make steady progress developing its high performance, low-cost module technology at itsÂ Santa Clara, CA development facility.Â TheÂ technology is aÂ proprietary co-evaporation approach that deposits the photovoltaic material onto the solar panel.Â
"We are very pleased by the confidence that our investors have placed in our technical team and business model," said Siva Power's CEO,Â Bruce Sohn.
AngelTech Live III: Join us on 12 April 2021!
AngelTech Live III will be broadcast on 12 April 2021, 10am BST, rebroadcast on 14 April (10am CTT) and 16 April (10am PST) and will feature online versions of the market-leading physical events: CS International and PIC International PLUS a brand new Silicon Semiconductor International Track!
Thanks to the great diversity of the semiconductor industry, we are always chasing new markets and developing a range of exciting technologies.
2021 is no different. Over the last few months interest in deep-UV LEDs has rocketed, due to its capability to disinfect and sanitise areas and combat Covid-19. We shall consider a roadmap for this device, along with technologies for boosting its output.
We shall also look at microLEDs, a display with many wonderful attributes, identifying processes for handling the mass transfer of tiny emitters that hold the key to commercialisation of this technology.
We shall also discuss electrification of transportation, underpinned by wide bandgap power electronics and supported by blue lasers that are ideal for processing copper.
Additional areas we will cover include the development of GaN ICs, to improve the reach of power electronics; the great strides that have been made with gallium oxide; and a look at new materials, such as cubic GaN and AlScN.
Having attracted 1500 delegates over the last 2 online summits, the 3rd event promises to be even bigger and better – with 3 interactive sessions over 1 day and will once again prove to be a key event across the semiconductor and photonic integrated circuits calendar.
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