Info
Info
News Article

Flisom Secures Funding To Ramp Up 15 MW CIGS Production Plant

Apart from securing financial backing, the firm has been awarded by Empa, an unnamed Swiss investor and the firm's existing Indian strategic investor, Tata
Flisom, a Swiss company developing technologies for manufacturing of flexible thin film CIGS solar modules, has raised a substantially large investment.

The amount of money raised has not been disclosed.

The cash will be used to further develop Flisom's CIGS technology and build a production plant with an annual capacity of 15MW in Switzerland.

Besides securing financial backing, Flisom also signed an agreement with Empa, the Swiss Federal Laboratories for Materials Science and Technology, to provide research and development support on high-efficiency flexible CIGS solar cell technology.

Flisom’s third funding round was completed with participation from a Swiss investor along with the firm's existing strategic investor, Tata, one of India’s largest and most respected business houses.

“This new investment marks investors’ satisfaction with Flisom’s progress towards the development of industrial manufacturing technology for roll-to-roll production of flexible solar modules. The 15MW plant will serve as a blueprint towards the establishment of larger-scale plants to manufacture flexible solar modules at low cost", says Flisom’s interim CEO Marc Kaelin. "Flisom’s technology shows strong potential in helping solar electricity become affordable."

“At Tata, we are keen to support the company in achieving its vision. Such technologies have a potential to transform many lives for the better", adds K.R.S. Jamwal, Executive Director, Tata Industries. “We admire the team and technology, based on a record setting efficiency of over 20 percent for CIGS from Empa, which we hope will be scaled up successfully. The funding will enable Flisom to purchase equipment and hire more experts to convert an innovative Swiss technology into an industrial reality."

Flisom’s high performance products, processes and systems could lower the price of solar electricity thanks to low material usage, economic production technology, and reduced storage, transportation and installation costs.

Markets addressable by Flisom’s flexible solar module manufacturing technology include utility scale solar farms, building integrated photovoltaics (BIPV), building applied photovoltaics (BAPV), transportation, portable power and electronics.



The key is roll-to-roll manufacturing

The production technology is roll-to-roll manufacturing of flexible solar modules, involving deposition of CIGS thin films onto polymer foil.

A schematic showing the process is below:



Founded as a spin-off company from ETH Zurich (Swiss Federal Institute of Technology Zurich), Flisom has subsequently developed proprietary tools and processes for manufacturing solar modules.

After moving to Empa’s Dübendorf campus, Flisom has been collaborating with Empa’s Laboratory for Thin Films and Photovoltaics led by Ayodhya Nath Tiwari through various projects.

On 17th January 2013, Empa announced that its CIGS flexible solar cells achieved 20.4 percent photovoltaic conversion efficiency – a world record for CIGS technology that equals the record efficiency of polycrystalline silicon wafer solar cells.

“Scale-up for large-area solar modules and adapting these complex innovative processes for industrial manufacturability is quite a challenge and requires close collaboration between research labs and industrial partner", says Pierangelo Groening, head of the Department of Advanced Materials and Surfaces and member of the Board of Directors at Empa.

“Therefore, Empa and Flisom have signed a collaboration agreement on certain topics of flexible CIGS technology, and Empa has deputed Tiwari for a part-time involvement as senior strategic officer to support Flisom’s further development, a move that is instrumental to Empa’s long-term strategy to support early-stage companies with global market ambitions," continues Groening.

"This is a very special way of technology transfer – by way of sharing highly experienced staff. We expect Flisom to benefit greatly from Ayodhya Tiwari’s expert knowledge and experience. I see it as sort of a kick-start for the company’s new phase of development", says Empa CEO, Gian-Luca Bona.

“The success also highlights, according to Bona, Empa’s strength in the field of renewable energy and, in particular, photovoltaics. We have several labs here at Empa devoted to the development of various innovative thin film technologies for solar energy generation", he adds.

“Along with the success of Flisom’s capital raise, we are very impressed by the high photovoltaic conversion efficiency attained by our scientific partners at Empa", concludes Flisom interim CEO Kaelin. “We look forward to benefitting from the insights of Empa to further raise the efficiency of flexible solar modules produced using Flisom’s industrial roll-to-roll vacuum deposition technology."

 



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.

So make sure you sign up today and discover the latest cutting edge developments across the compound semiconductor and integrated photonics value chain.

REGISTER FOR FREE

VIEW SESSIONS

Info
×
Search the news archive

To close this popup you can press escape or click the close icon.
×
Logo
×
Register - Step 1

You may choose to subscribe to the Compound Semiconductor Magazine, the Compound Semiconductor Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
 
X
Info
X
Info
{taasPodcastNotification}
Live Event