Sol Voltaics wins "Rapidus Company of the Year 2016"

January 24, 2017

Today Sol Voltaics was named "Rapidus Company of the Year" at a ceremony in Malmö. Organized by Swedish technology and business news publisher Rapidus, the award encompasses all business categories in the Öresund region of Sweden.

 

The recipient of "Company of the Year" is recognized as having the greatest potential for future success. In its 16th year, the awards are increasingly prestigious with 15 of the 16 previous recipients having gone on to become very successful.

 

The criteria for the decision included:

 

- Excellence in innovation
- Excellence in strategy
- Significance in market impact
- Strong financial foundation/investors
- Team capable of realizing the business

 

 

 

 

Sol Voltaics Appoints Industry Veteran Arno Stassen as Director of Product Marketing

October 18, 2016

Sol Voltaics has named experienced solar technology leader Arno Stassen as their new Director of Product Marketing. Dr. Stassen, who most recently was Head of Business Development of the solar energy division at German technology group Heraeus, will oversee Sol Voltaics’ product marketing as the company nears commercialization of its highly anticipated solar nanowire technology.

 

Stassen has over 10 years of experience in the global solar energy industry. Prior to his role at Heraeus where he was instrumental in growing the company’s leadership in metallization of silicon and 3rd generation solar cells, Stassen was project leader and part of the consultancy team at the Energy Research Centre of the Netherlands (ECN), where he led several large research and development programs in crystalline silicon solar cells. Dr Stassen also contributed towards the 2014 and 2015 International Technology Roadmap for Photovoltaic (ITRPV), the leading organisation in crafting the technology roadmap and driving future innovation in crystalline silicon PV.

 

“I am very excited to join Sol Voltaics at such a promising time for the company,” commented Stassen. “Having worked in advanced PV for the past 10 years, I fully understand the current limitations for the industry in achieving breakthrough efficiency technology at low costs. Sol Voltaics’ compelling tandem-layer technology and novel Aerotaxy® nanowire manufacturing process show enormous potential to enable module efficiency improvements up to and above 30 percent. I believe Sol Voltaics is one of the only companies that can deliver a revolutionary change in solar technology, which the industry needs to fully mature into a mainstream energy solution.”

 

Stassen’s appointment follows Sol Voltaics’ record $17 million series C funding round in May, the largest European solar technology funding round secured by a start-up in the past two years. Earlier this year, the company also announced successful alignment of gallium-arsenide nanowires in a thin film, a major technology breakthrough showing measurable progress towards Sol Voltaics’ ambition to commercialize its solar offering for module manufacturers.

 

“After securing significant funding and achieving a number of important technology milestones this year, the appointment of Arno as Director of Product Marketing is another major win for Sol Voltaics,” commented Erik Smith, CEO of Sol Voltaics. “His experience, reputation and technology expertise will add a new dynamism to our management team as we continue to improve our offering and fulfill our ambition of bringing this transformative technology to market.”

 

See the full press release

 

 

 

Sol Voltaics Closes $17 Million in Financing Following Breakthrough in Nanowire Solar Cell Efficiency

May 11, 2016

Swedish Start-up to Accelerate Commercialization of Efficiency-Boosting Nanowire Films

 

Sol Voltaics has raised a record round of $17 million in new equity investment and grant funding to accelerate commercialization of its nanowire solar film tandem-layer technology.

 

The Series C funding round was led by new investor Riyadh Valley Company (RVC), the venture capital investment arm of King Saud University in Riyadh, Saudi Arabia. Long-term investors Umoe, FAM, Industrifonden, and Nano Future Invest demonstrated their continuing commitment to Sol Voltaics by contributing to the $12.5 million in equity. In addition, the Swedish Energy Agency and the European Union's Horizon 2020 research and innovation program backed the company with over $4.5 million in additional grants.

 

The new investment will bolster Sol Voltaics’ efforts to bring its nanowire-based solar efficiency boosting film to market. The company recently announced a major technological breakthrough with the successful alignment of gallium-arsenide nanowires in a thin film. When integrated in a tandem-junction architecture on mainstream crystalline silicon panels, Sol Voltaics’ nanomaterials innovations will enable photovoltaic (PV) module efficiencies of greater than 27% — a 50% enhancement in energy generation compared to today’s solar panels.

 

In addition to the nanowire alignment breakthrough, Sol Voltaics has progressed through several generations of development of its Aerotaxy® technology over the past few quarters. This patented process, originating out of Lund University in Sweden, is the foundation for producing nanowire solar cells and films in a cost-effective manner, a key parameter in the commercialization process.

 

“There is a tremendous amount of interest in a number of competing tandem-layer technologies designed to significantly boost the efficiency of existing solar modules,” said Erik Smith, CEO of Sol Voltaics. “Following our recent nanowire alignment breakthrough and several other critical technological advances, this latest investment from new and long-term partners reflects the confidence they have in Sol Voltaics’ ability to become the premier commercial solution for stacked tandem-junction solar modules.”

“We are excited to be part of a company that can provide such a dynamic change to the solar industry”, said Dr. Khalid Al Saleh, CEO of RVC. “With the company’s recent technology breakthroughs and nanowire efficiency world record we believe Sol Voltaics can lead the tandem solar cell revolution.”

 

Apricum – The Cleantech Advisory acted as financial advisor to Sol Voltaics in the transaction. According to Apricum, the capital raise represents the largest solar-technology funding round in Europe over the past 18 months.

 

“To overcome the physical limits of current mainstream single-junction technology, the photovoltaic industry needs to find a low-cost dual-junction technology,” said Moritz Borgmann, partner at Apricum. “Sol Voltaics, with its drop-in product, provides a game-changing yet simple solution to this problem. The great investor interest underlines how compelling the technology is.”

 

RVC’s investment in Sol Voltaics offers another example of Saudi Arabia’s increasing interest in the renewable energy space as the Kingdom moves toward realizing its huge potential for solar energy.

 

The Saudi government recently unveiled the “Saudi Vision 2030” plan, a wide-ranging economic and social policy effort that sets an initial deployment target of 9.5 gigawatts of solar and other renewable energy sources by 2023 under the new “King Salman Renewable Energy Initiative”.

 

See the full press release

 

 

 

Sol Voltaics Announces Nanowire Breakthrough For Solar Energy; Has Potential to Boost Module Performance By More Than 50 Percent

April 21, 2016

In a major breakthrough for solar energy, Swedish advanced materials start-up Sol Voltaics AB has confirmed the successful alignment and orientation of nanowires in a thin film. The achievement represents the most significant technology milestone in solar nanowire manufacturing to date, paving the way for photovoltaic (PV) module efficiencies of 27% or more—a 50% boost in energy conversion efficiencies for today’s solar modules.

 

While showing highly promising characteristics in solar energy generation, nanowires are notoriously difficult to align due to their high aspect ratios and material characteristics. By controlling nanowire orientation and alignment at centimeter scale on standard-sized wafers, Sol Voltaics has taken a major step toward the commercial production of solar films for tandem solar PV modules.

 

“Today’s announcement marks a significant moment for both Sol Voltaics and the global solar energy industry,” said Erik Smith, CEO of Sol Voltaics. “Gallium arsenide (GaAs) nanowires have recently come to the forefront as holding great promise for boosting solar module efficiencies well beyond current levels. By aligning nanowires within a membrane, we’ve taken our greatest stride yet toward manufacturing solar nanowire films at the commercial scale. This will enable solar panel manufacturers to greatly enhance the energy-generating capability of their products.”

 

The latest milestone follows Sol Voltaics’ 2015 announcement that the Fraunhofer-ISE confirmed a world-record PV conversion efficiency of 15.3% for the company’s epitaxially grown GaAs nanowire solar cells. The cells were recently retested by Fraunhofer and showed little or no degradation nearly 18 months after the initial tests, reaffirming the technology’s performance reliability.

 

In addition to the nanowire alignment breakthrough, Sol Voltaics has progressed through several generations of development of its Aerotaxy® production technology. The patented process allows cost-effective III-V nanowire solar cell production via a continuous gas phase process.

 

“We have made several significant advancements over the past few quarters, and that momentum continues on several fronts,” added Smith. “Realistically, we have a few remaining hurdles to get over in order to get into commercialization but we’re very confident we can deliver a truly transformative energy solution, the kind of solution called for by the Breakthrough Energy Coalition, COP 21 summit, and other global efforts to combat climate change and create a clean energy economy.”

 

 

Sol Voltaics to Present World-Record PV Conversion Efficiency Using GaAs Nanowires

June 12, 2015

Dr. Ingvar Åberg, Sol Voltaics director of Cell Engineering and Applications, will present details on how the company doubled the previously reported world-record for photovoltaic (PV) conversion efficiency using a gallium-arsenide (GaAs) nanowire array (NWA) at the 42nd IEEE Photovoltaics Specialists Conference. 

Sol Voltaics has doubled the previously reported world-record for photovoltaic (PV) conversion efficiency using a GaAs nanowire array. As independently verified by Fraunhofer-ISE, Sol Voltaics has demonstrated a 1-sun conversion efficiency of 15.3% in a GaAs NWA solar cell, representing a significant milestone towards providing the solar industry with an efficiency boosting tandem film. This is the highest efficiency reported to date in a III-V NWA solar cell, and twice the prior record for GaAs NWA technology. Control of the high density of surface states of native GaAs is essential for PV applications, and these results prove that the company has resolved this challenge in the growth of solar cell nanowires. 

The presentation will be held on Wednesday, June 17, 2015, 2:30 p.m. CDT at Hyatt Regency, New Orleans. 

 

 

Sol Voltaics is recognized as a 2015 TechConnect Innovation Awardee.

June 12, 2015

We are proud to announce our selection as a 2015 TechConnect Innovation Awardee. The organization TechConnect have recognized Sol Voltaics as a 2015 TechConnect Innovation Awardee. The award was given at the yearly TechConnect National Innovation Summit, Washington, D.C. The TechConnect Innovation Awards selects the top early-stage innovations from around the world through an industry-review process of the top 20% of annually submitted technologies into the TechConnect National Innovation Summit.  Rankings are based on the potential positive impact the submitted technology will have on a specific industry sector.

 

 

Global Response to Sol Voltaics PV Efficiency World Record

April 2, 2015

Sol Voltaics gets a vast global response from the public announcement on March 17. Over 40 articles globally covered the story of Sol Voltaics announcing the independently verified 15.3% single-layer efficiency using a gallium-arsenide (GaAs) nanowire array (NWA). The huge interest for the results proves the potential impact providing the solar industry with an efficiency boosting tandem film. Click on the links below to read some of the full articles.

 

Coverage U.S/E.U

-          Sol Voltaics touts single layer GaAs nanowire coated solar cell efficiency record - PV-Tech, March 17: http://www.pv-tech.org/news/sol_voltaics_touts_single_layer_gaas_nanowire_coated_solar_cell_efficiency

-          Sol Voltaics Produces World-Record GaAs Nanowires for Solar Energy - Solar Novus, March 17: http://www.solarnovus.com/sol-voltaics-produces-world-record-gaas-nanowires-for-solar-energy_N8663.html

-          Sol Voltaics claims efficiency record for GaAs NWA PV cell - SeeNews Renewables, March 17: http://renewables.seenews.com/news/sol-voltaics-claims-efficiency-record-for-gaas-nwa-pv-cell-468604#

-          Sol Voltaics Produces World-Record GaAs Nanowires for Solar Energy - North American Clean Energy, March 17 - http://www.nacleanenergy.com/articles/19670/sol-voltaics-produces-world-record-gaas-nanowires-for-solar-energy

-          Sol Voltaics announces world-record GaAs nanowires for solar PV cells - SolarServer, March 17: http://www.solarserver.com/solar-magazine/solar-news/current/2015/kw12/sol-voltaics-announces-world-record-gaas-nanowires-for-solar-pv-cells.html

-          Sol Voltaics Produces World-Record GaAs Nanowires for Solar Energy - eSolar Energy News, March 17: http://www.solar.org/s/8b101f0/

-          Sol Voltaics Makes Record-Breaking III-V Nanowire Solar Cell - Compound Semiconductor, March 18: http://www.compoundsemiconductor.net/article/96644-sol-voltaics-makes-record-breaking-iii-v-nanowire-solar-cell.html

-          Sol Voltaics Announces World-Record Gaas Nanowires For Solar PV Cells - Renewable Energy News, March 18: http://www.renewanews.com/sol-voltaics-announces-world-record-gaas-nanowires-for-solar-pv-cells/

-          Sol Voltaics doubles GaAs nanowire array solar efficiency record to 15.3% - Semiconductor Today, March 18: http://www.semiconductor-today.com/news_items/2015/mar/solvoltaics_180315.shtml

-          Sol Voltaics Doubles World-Record for PV Conversion Efficiency using GaAs Nanowire Array - AZO Nano, March 18: http://www.azonano.com/news.aspx?newsID=32337

-          Sol Voltaics Produces World-Record GaAs Nanowires for Solar Energy – SolarBuilder, March 19: http://solarbuildermag.com/news/sol-voltaics-produces-world-record-gaas-nanowires-for-solar-energy/

-          Sol Voltaics pushes GaAs for tandem PV - Optics.org, March 19: http://optics.org/news/6/3/30

-          Sol Voltaics doubles PV conversion efficiency - Greentech Lead, March 19: http://www.greentechlead.com/solar/sol-voltaics-doubles-pv-conversion-efficiency-22512

-          PV Conversion Efficiency Doubled In NanoWire Array Solar Cell - Cleantechnica, Jake Richardson, March 19: http://cleantechnica.com/2015/03/19/pv-conversion-efficiency-doubled-nanowire-array-solar-cell/

-          Sol Voltaics makes record-breaking III-V nanowire solar cell - Baltic ALD, Jonas Sundqvist, March 20: http://www.bald2015.ee/blog/uudis/2015/03/20/sol-voltaics-makes-record-breaking-iii-v-nanowire-solar-cell/

 

Coverage in Japan

-          OPTRONICS Online, March 23: http://optronics-media.com/news/20150326/30805/

-          Electronic Journal, March 23: http://www.electronicjournal.co.jp/news/2015/03/24.html

-          Asahi Shimbun Digital, March 23: http://www.asahi.com/and_M/information/pressrelease/Cdpress000109595.html?iref=andM_kijilist

-          Jorudan News, March 23: http://news.jorudan.co.jp/docs/news/detail.cgi?newsid=DN0000109595

-          Mapion news, March 23: http://www.mapion.co.jp/news/release/dn0000109595-all/

-          Nikkan kogyo, March 23: http://www.nikkan.co.jp/newrls/http://www.nikkan.co.jp/newrls/pdf/20150323-15.pdf

-          enejoy, March 23: http://enejoy.subten.jp/?p=41170

-          PVInsights, March 23: http://pvinsights.com/JP/

-          Energy-Press, March 23: http://energy-press.com/2516/

-          Nifty Business, March 23: http://business.nifty.com/cs/catalog/business_release/catalog_drm0000109595_1.htm

-          Exite News, March 23: http://www.excite.co.jp/News/release/Dreamnews_0000109595.html

-          Infoseek Rakuten online, March 23: http://www.ecool.jp/news_info/detail.php?id=3263

-          ecool online, March 23: http://www.ecool.jp/news_info/detail.php?id=3263

-          Livedoor News, March 23: http://news.livedoor.com/article/detail/9921119/

-          PV-Net, March 23: http://curator358.com/?m=201503

-          Toremaga News, March 23: http://news.toremaga.com/release/product/659914.html

  

Coverage in China:

-          PV-Tech China, March 18: http://www.pv-tech.cn/news/sol_voltaics_touts_single_layer_gaas_nanowire_coated_solar_cell_efficiency

-          NE21, March 18: http://www.ne21.com/news/show-64716.html

-          Solarbe.com, March 18: http://news.solarbe.com/201503/18/67276.html

-          Solar Zoom, March 19: http://www.solarzoom.com/article-64631-1.html

-          Taiyang.com, March 19: http://www.taiyangn.com/js/201503/40370.html

-          81Tech, March 27: http://www.81tech.com/news/xinchanpinhejishu/139555.html

-          Compound SemiConductor China, March 27: http://www.compoundsemiconductorchina.net/company-news.asp?id=1384

-          Solid State Technology China, March 30: http://www.solidstatechina.com/Dexwdt.asp?id=5361

 

 

 

Article on Sol Voltaics world record in the local media - Sydsvenskan.

April 1, 2015

The article headlines “Here grows a new South-Swedish billion dollar industry”. The article continues with asking the question if you happened to miss the latest South-Swedish world record and are referring to that Sol Voltaics announcement of world record efficiency for GaAs Nanowire based solar cells. The article continues with interviewing CEO, Erik Smith and Erik Olsson, Director Business Development, about the breakthrough and the opportunities of building an billion dollar industry. The article is written in Swedish and was published in the major local newspaper “Sydsvenskan”.

 

The full article can be read at: http://8till5.se/2015/04/01/har-vaxer-en-skansk-miljardindustri-fram/

 

 

Large reportage about Sol Voltaics in the Norwegian media - Teknisk Ukeblad.

March 25, 2015

The article headlines “Nanowires improves solar performance by almost 70 percent, Swedish technology are at the forefront”. The article is written in Norwegian and was published in the major weekly technology paper “Teknisk Ukeblad”.

The full article can be read at: http://www.tu.no/kraft/2015/03/25/nanotrader-forbedrer-solcelleytelsen-med-nesten-70-prosent

 

 

Sol Voltaics Produces World-Record GaAs Nanowires for Solar Energy

March 17, 2015

 

Independently verified >15% single-layer efficiency doubles previous record, with >27% planned for tandem-junctions on silicon

 

SAN FRANCISCO – March 17, 2015 – Sol Voltaics, providing advanced nano material technology for the solar industry, today announced that it has doubled the previously reported world-record for photovoltaic (PV) conversion efficiency using a gallium-arsenide (GaAs) nanowire array (NWA). As independently verified by Fraunhofer-ISE, Sol Voltaics has demonstrated a 1-sun conversion efficiency of 15.3% in a GaAs NWA solar cell, representing a significant milestone towards providing the solar industry with an efficiency boosting tandem film.

 

This is the highest efficiency reported to date in a III-V NWA solar cell, and twice the prior record for GaAs NWA technology. Control of the high density of surface states of native GaAs is essential for PV applications, and these results prove that the company has resolved this challenge in the growth of solar cell nanowires.

 

“The efficiency of our GaAs nanowires is a critical component of our low cost film. The use of III-V materials in the PV industry has always been a goal but the costs have been prohibitive.  Using Sol Voltaic’s Aerotaxy® nanowire production methodology allows our III-V film to be produced at competitive cost at efficiencies that are industry changing,” said Erik Smith, chief executive officer of Sol Voltaics. “We look forward to working with industrial partners on the integration of our technology on to Si cells so they may make the leap to 27% efficiency and beyond.” 

 

 

Sol Voltaics CSO and Founder Lars Samuelson in large interview.

December 8, 2014

Sweden’s largest technology magazine “NyTeknik” is having a large reportage on Lars Samuelson Sol Voltaics CSO and Founder. The article describes how Professor Lars Samuelson successfully built up the leading nanotechnology research at Lund University and so far spun off five companies.

Read the full story in Swedish at NyTekenik’s web: http://www.nyteknik.se/tekniknyheter/article3868640.ece

 

 

Sol Voltaics got elected as one of the 50 hottest Cleantech companies in the Nordics.

November 10, 2014

Green Solutions have listed the 50 smart investments in what they consider to be some of the hottest cleantech start-ups in the Nordics. The criteria for being on the list are, among others, that the company should have an innovative product or service with an international impact potential.

Sol Voltaics makes it on the list for the second time based the corporate development and technology progress.

-          We are very proud of being on the “HOT 50” list together with a group of excellent Cleantech companies with a bright future, says Erik Olsson.  

For the full list of companies and article:

http://swedishcleantech.se/download/18.31c2dc0f149b90a6601ba8c8/1418732540044/green-solutions-vol6-2014.pdf

 

 

Sol Voltaics in article in the Magazine “Invest in Cleantech” (Investera i Cleantech).

November 8, 2014

The magazine “Invest in Cleantech” (Investera i Cleantech) wrote a large article about Sol Voltaics. “Invest in Cleantech” is a yearly magazine from The Swedish Energy Agency with the purpose to increase the knowledge of Cleantech investments among various decision makers. In the 2014 edition of the magazine Sol Voltaics was one of three highlighted companies promising a great future based on market potential.

The full magazine and article can be find on: http://swedishcleantech.se/download/18.31c2dc0f149b90a6601b28c7/1418306092593/investera-i-cleantech-2014.pdf

 

 

Swedish Minister for Enterprise Annie Lööf visits Sol Voltaics

May 9, 2014

The Swedish Minister for Enterprise Annie Lööf visited Sol Voltaics on Friday May 9, 2014. The Minister for Enterprise was accompanied by the senior management at Lund University and Sol Voltaics management team. The Minister showed great interest in the company’s journey going from the fundamental science developed at Lund University, to becoming a company developing next generation technology for the PV industry.

The Minister was very impressed of the progress of the company using state of the art technology for the future good for the many people. The Minister also emphasize the importance of building strong companies sprung out of Swedish research, and expressed the special importance of solutions for renewable energy and solving global environmental challenges. 

 

 

Sol Voltaics chosen as a 2014 Red Herring Top 100 Europe

April 10, 2014

Amsterdam, Netherlands - Red Herring announced its Top 100 award winners today, recognizing Europe’s leading private companies and celebrating these startups’ innovations and technologies across their respective industries.

Red Herring’s Top 100 Europe list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring’s editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way we live and work. 

“Selecting startups that show the most potential for disruption and growth is never easy,” said Alex Vieux, publisher and CEO of Red Herring. “We looked at hundreds and hundreds of candidates from all across the continent, and after much thought and debate, narrowed the list down to the Top 100 Winners. Each year, the competition gets tougher but we believe Sol Voltaics demonstrates the vision, drive and innovation that define a Red Herring winner.”

Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technological innovation, management quality, overall business strategy and market penetration. This assessment was complemented by a review of the track records and standings of similar startups in the same verticals, allowing Red Herring to see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models in Europe.

“Being on the Red Herring Top 100 Winners, once again shows that we are doing the right things and that people believe strongly in our team, technology and celebrating our  achievements with us,” said Erik Olsson, Director Business Development at Sol Voltaics. “We would also like to express our special thanks to Alex Vieux, publisher and CEO of Red Herring, for attention and support.”


Sol Voltaics is proud to share the victory with other Swedish companies among the top 100 winners; Hoodin, inRiver, InnoTel, Secure Mailbox, Webforum Europe, The Institution and Direct2Internet. This is truly a high time for the growth of Swedish companies! 

RED HERRING Winner

 

 

Sol Voltaics winner of the award “33-listan” hottest high-tech startups in Sweden 2014 and NyTekniks special price

April 2, 2014

Sol Voltaics is once again the proud recipients of the “33-list” award. It’s the two major Swedish magazines within business and technology Affärsvärlden and NyTeknik that together with their readers nominates several hundreds of companies. The list is not a ranking list - anyone on the list is a winner.

After the nomination period they take a thorough research before making the final list. The results were presented at a major gala event in Stockholm yesterday. The formal criteria for being on this list is pretty straight forward, the company is based on an innovation, maximum of seven years old, not publicly traded.  

Sol Voltaics was also the winner of the special price from the partner NyTeknik for Sol Voltaics recruitment efforts. The price is a price check of 70 000 SEK for the help in finding the best talents in Sweden to further developing the company.  

The companies on the list are all extremely impressing. Yesterday we had a great night getting together with all of them and to get to know the other companies. The Swedish scene of tech startups is very strong, being part of this community and to push each other for success is very exciting, said Erik Olsson Director of Business Development at Sol Voltaics.  

This was the second year the company was on the list. A company may receive the award not more than three times. Read more about the award 33-listan (in Swedish) in NyTeknik.  

http://www.nyteknik.se/33listan/article3817537.ece

http://www.nyteknik.se/33listan/article3817733.ece

33 listan

 

 

Sol Voltaics is a Finalist for the 2014 Red Herring Top 100 Europe Award

March 26, 2014

Sol Voltaics has today been selected as a Finalist for Red Herring's Top 100 Europe award, a prestigious list honoring the year’s most promising private technology ventures from the European business region.

The Red Herring editorial team selected the most innovative companies from a pool of hundreds from across Europe. The nominees are evaluated on 20 main quantitative and qualitative criterion: they include disruptive impact, market footprint, proof of concept, financial performance, technology innovation, social value, quality of management, execution of strategy, and integration into their respective industries.

This unique assessment of potential is complemented by a review of the actual track record and standing of a company, which allows Red Herring to see past the “buzz” and make the list a valuable instrument for discovering and advocating the greatest business opportunities in the industry.

"This year was rewarding, beyond all expectations" said Alex Vieux, publisher and CEO of Red Herring. "The global economic situation has abated and there are many great companies producing really innovative and amazing products. We had a very difficult time narrowing the pool and selecting the finalists. Sol Voltaics shows great promise and therefore deserves to be among the Finalists. Now we’re faced with the difficult task of selecting the Top 100 winners of Red Herring Europe. We know that the 2014 crop will grow into some amazing companies that are sure to make an impact."

Finalists for the 2014 edition of the Red Herring 100 Europe award are selected based upon their technological innovation, management strength, market size, investor record, customer acquisition, and financial health. During the months leading up to the announcement, hundreds of companies in the telecommunications, security, Web 2.0, software, hardware, biotech, mobile and other industries completed their submissions to qualify for the award.

“We are proud to be on such a prestigious list honoring the year’s most promising technology companies in Europe. This acknowledgement for our achievement in such tough competition illustrates our level of performance and accomplishments” said Erik Olsson Director of Business Development at Sol Voltaics.  

Sol Voltaics will present our winning strategies at the Red Herring Europe Forum in Amsterdam, April 7-9, 2014. The Top 100 winners will be announced at a special awards ceremony the evening of April 9 at the event.

Red herring finalist logo

 

 

Sol Voltaics Sets Move for New Lund Headquarters

March 24, 2014

LUND, SWEDEN, March 26, 2014 – Sol Voltaics the technology leader in advanced nano materials for the solar industry, today unveiled the relocation of its headquarters in Lund, more than doubling its size to accommodate the company’s growth to host its state of the art pilot production line. The move will also increasing Sol Voltaics ability to attract new key talent from across the world.

By today, Sol Voltaics will relocate its headquarters to the heart of IDEON as s tenant in the magnificent Active Biotech building, which is being retrofitted as a technology center for some of the most interesting companies in the region.

“With our rapid growth and numerous additions across the Sol Voltaics team in the past year we've quickly reached capacity at our current facility. Our new headquarters will give us the space we need to accommodate our growth, while providing our employees with the amenities only a vibrant innovation city like Lund can offer. I'm looking forward to continuing to grow our presence in the dynamic city of Lund, a place where academia, business, culture and nature thrive within bicycle distance from each other”, said Erik Olsson Director of Business Development at Sol Voltaics. 

 

 

Sol Voltaics winner of the European Venture Contest -Energy 2013.

October 11, 2013

At Thursday October 13, 2013 European Venture Contest-Energy (EVC) was held in Horsens, Denmark. Among the 30 presenting companies active in the field of renewable energy Sol Voltaics got the “BEST PRESENTATION AWARD” for a high quality presentation as evaluated by a panel of International Expert Reviewers.

-          “Sol Voltaics is of course very honored by the award in it the tough completion of 30 highly promising and talented companies from all over Europe”. Says Erik Olsson, Director of Business Development, who presented the company at the conference.

EVC-Energy is organized by Europe Unlimited and convenes top entrepreneurs, investors and experts from the renewable energy technology sector. EVC is a yearly Pan-European competition that finds the top emerging early stage high tech companies in ICT, Cleantech and Healthcare. As a the Award Winner Sol Voltaics will get the opportunity to take part in the Nordic Venture Forum and the European Venture Summit!

 

 

 

CSO, Lars Samuelson held the keynote speech at the opening of the 29th European Photo Voltaic Solar Energy Conference in Paris.

October 1, 2013

Lars Samuelson, Lund University and CSO of Sol Voltaics, presented the results achieved with nanowire technology and the improvements in efficiency, that promise to make Xtl III-V cells cost-competitive with thin film. He also illustrated Sol Voltaics innovative production method (Aerotaxy™) that can be 50 to 1.000 times faster than the standard methods to produce nanowire arrays.

More than 1,600 presenters in Keynotes, Plenaries, Oral and Visual presentations were held at EUPVSEC. The other scientific plenary keynote speakers were Andreas Bett, Fraunhofer ISE, Martin Green, University of New South Wales, Nicholas Hylton, Imperial College of London:

The 29th European Photo Voltaic Solar Energy Conference (EUPVSEC) is the largest international Conference for Photovoltaic research, technologies and applications, and at the same time one of the top international PV Industry Exhibitions. It gathers the global PV community to conduct business, to network and to present and discuss the latest developments and innovations in Photovoltaics. It is the world renowned science-to-science, business-to-business and science-to-industry platform with a full and only focus on the global PV Solar sector.

EUPVSEC

Photo: EUPVSEC (http://www.photovoltaic-conference.com/)

 

 

Articles in media after public announcement about closing $15.6M.

September 18, 2013

Yesterday Sol Voltaics announced the closing of our $15,6M financing round. The announcement got a quite big attention from many media sources.

International media (in English)

National media (in Swedish)

 

 

 

Sol Voltaics Closes $9.4 Million in Funding to Bring SolinkTM, a High Efficiency Photovoltaic Ink, to Next Stage of Development

September 17, 2013

Sol Voltaics announced today it has completed a total of $15.6 Million (SEK 102 Million) in fresh funding by adding $9.4 Million in an equity round to the $6.2 Million Swedish Energy Agency loan to take its Solink™ nanomaterial for increasing the performance and energy output of solar panels into pilot production. Read the full press release in the in attached PDF.  

For More Press Information Contact:
Erik Olsson, Sol Voltaics, +46 70 545 9108, erik.o@solvoltaics.com

Michael Kanellos, Eastwick +1 (415) 820-4176, kanellos@eastwick.com

 

 

Read the articles in media after public announcement

July 16, 2013

Read the articles in media after the announcement of 41M SEK ($6M) in support from the Swedish Energy Agency and that former REC CTO Erik Sauar Becomes Equity Investor.

International Coverage:

Swedish Coverage:

 

 

CSO, Lars Samuelson on the list of the most influential people in the Swedish energy system.

July 2, 2013

Energy issues affect us all - but the Swedish magazine NyTeknik listed the people have the power to influence the development of the system. Lars Samuelson, CSO of Sol Voltaics have ended up at place number 26 at this energy “VIP-list”. On the top of the list is Erik Brandsma, Director General of the Swedish Energy Agency. The Swedish Energy Agency is one of the sponsors of Sol Voltaics, and is financially supporting the building of the pilot production line with $6,2M.

Read the full article in Swedish at NyTeknik’s web. 

 

 

Sol Voltaics 41M SEK in a conditional loan from Swedish Energy Agency; Former REC CTO Erik Sauar Becomes Equity Investor

June 26, 2013

Sol Voltaics are today happy to announce that the Swedish Energy Agency, Sweden’s national authority for energy policy issues, has provided the company a state aid of $6.2 million (41M SEK) in the form of a conditional loan to further the commercial development of Solink and a demo production line of the Aerotaxy nanowire production process.

Sol Voltaics are also very happy to announce that Erik Sauar, who for more than 10 years served as the Chief Technology Officer and Senior VP at solar manufacturer Renewable Energy Corporation (REC) and a longtime leader in the European solar industry, has become an equity investor.

We are tremendously gratified by the support from the Swedish Energy Agency and Erik Sauar and we have two goals: to make solar more profitable for solar manufacturers and developers and to lower the price of solar energy for consumers, utilities and businesses. We look forward to demonstrating our technology in larger scale.

Read the full press release here

Read also the Swedish Energy Agency’s press release here (in Swedish).

 

 

Professor Lars Samuelson - The first swede inducted into the Cleantech Scandinavia Hall of Fame!

June 29, 2013

The first night, Lars Samuelson, was inducted into the Scandinavian Cleantech Hall of Fame.  He is the fourth entrant to this honor joining Alf Bjorseth (founder of REC Solar and an investor and supporter of Sol Voltaics).  Lars was recognized for his significant contributions to Cleantech and for him being such an inspiration to so many. Especially called out is his relentless pursuit to commercialize science toward the good of the world. Congrats Lars!

The second night, Sol Voltaics won the best pitch award for Energy Efficiency.  We were up against 5 other strong presenting companies in our category.

We are of course very happy to the awards, but whats also meant a lot to us was to make a lot of new contacts and to see old frineds!  

Read the full press release.

 

 

“Let there be light”, TEDx talk by Sol Voltaics CSO, Lars Samuelson

May 14, 2013

Lars Samuelson, CSO at Sol Voltaics and nano-evangelist makes a great speech at Lund’s TedX 2013. Get inspired! Watch the speech on Youtube!

Lars introduces his speech with the song “Here comes the sun” and it certainly dose! Spring is in the air in Lund! 

 

 

Sol Voltaics is nominated to Nanotechnology Company of the year.

May 8, 2013

SwedNanoTech have nominated Sol Voltaics together with the companies Nanologica, ThinFilm and Graphesic for the award Nanotechnology Company of the year. The winner will be announced at NanoForum 2013, on 15 May and we are crossing our fingers for being the one! For more information about the nominated companies and the award on NanoForum 2013.

 

 

Solar Server interview with Dave Epstein, CEO, SolVoltaics

May 7, 2013

Interested to know more about how we can achieve a 25% efficiency gain, the Solink product that is scheduled for release in 2015 or how the team came together?

Today Solar Server published an interview with Dave Epstein, CEO, Sol Voltaics. Read this great article. 

 

 

Lars Samuelson, CSO Sol Voltaics, awarded the 2013 Prize for Science by IUVSTA

May 2, 2013

The International Union for Vacuum Technique, Science and Applications – IUVSTA, awarded Lars Samuelson the 2013 Prize for Science. This prize is awarded only every third year, and carries a cash award as well as an invitation to give a plenary talk at the Society's tri-annual meeting, the IVC, which typically attracts 1500 - 2000 attendees and will take place in Paris this September. The citation reads:

“… for his groundbreaking and continuing scientific work on the mechanisms underlying epitaxial nanowire growth, enabling the bottom-up realization of radically new types of highly controlled nanostructures, as well as for the development of broad and important applications of nanowires in electronics, optoelectronics and life sciences”

 

Congratulations to Lars for this impressive award, from all the colleges at Sol Voltaics!

 

 

Sol Voltaics gets a huge response from first public announcement.

April 13, 2013

Sol Voltaics made its first public announcement this week. The summary after four days is 24 Unique Articles (links below); 14 Million impressions; 277 tweets:

Coverage in foreign language:

 

 

PRESS RELEASE: Sol Voltaics Unveils Solink™ to Boost Performance of Solar Modules by 25 Percent.

April 9, 2013

Manufacturing in the air: Aerotaxy™ process reduces the cost and complexity of producing nanowires for solar modules, LED bulbs and other products. Sol Voltaics today unveiled Solink™, an economical nanomaterial that promises to increase the efficiency of crystalline silicon or thin film solar modules by 25 percent, leading to solar power plants and rooftop solar arrays that will generate far more electricity than today’s best solar systems. Read the full press release in the in attached pdf.

Press Contact: Michael Kanellos, +1 (415) 820-4176, kanellos@eastwick.com

 

 

Sol Voltaics one of 33 hottest hightech companies!

March 19, 2013

Sol Voltaics were the proud recipients of a spot on the top 33 hottest startups in Sweden. Sol Voltaics has been listed as one of the 33 most prominent hightech companies in Sweden by NyTeknik and Affärsvärlden, the two mayor magazines within business and technology. Read more about the award 33-listan (in Swedish) in Ny Teknik and the exact same article appeared in Affärsvärlden as well. 

 

vinnare av 33-listan

 

 

 

Sol Voltaics in Science Magazine; “InP Nanowire Array Solar Cells Achieving 13.8% Efficiency by Exceeding the Ray Optics Limit.”

2013-01-17

Photovoltaics based on nanowire arrays could reduce cost and materials consumption compared to planar devices but have exhibited low efficiency of light absorption and carrier collection. We fabricated a variety of millimeter-sized arrays of p-i-n doped InP nanowires and found that the nanowire diameter and the length of the top n-segment were critical for cell performance. Efficiencies up to 13.8% (comparable to the record planar InP cell) were achieved using resonant light trapping in 180-nanometer-diameter nanowires that only covered 12% of the surface. The share of sunlight converted into photocurrent (71%) was six times the limit in a simple ray optics description. Furthermore, the highest open circuit voltage of 0.906 volt exceeds that of its planar counterpart, despite about 30 times higher surface-to-volume ratio of the nanowire cell.

 

 

Sol Voltaics exhibits at the Swedish Pavilion (8010) at the World Future Energy Summit in Abu Dhabi.

2013-01-16

http://www.worldfutureenergysummit.com/

In collaboration with the Swedish Trade Council and the Swedish Energy Agency, Sol Voltaics welcomes you to the Swedish Pavilion (stand 8010) at the World Future Energy Summit 2013! World Future Energy Summit 2013 in Abu Dhabi, takes place from January 13-17. We are looking forward to a great few days with interesting impressions and meetings.

Please contact Erik Olsson (erik.olsson@solvoltaics.com) for further inquiries or setting up an individual meeting.

 

 

Sol Voltaics receives grant from the Swedish Energy Agency for “Nano wire-based solar cells for of cheap renewable energy”.

2013-01-15

Project Manager Lars Samuelson, Lund Institute of Technology, The project aims to develop solar cells with high efficiency at reasonable production costs by using nanowires of III-V semiconductors. The project managed by Lund Institute of Technology in collaboration with Sol Voltaics. Lund Institute of Technology is granted 9,000,000 million over four years.

Press release in Swedish: http://www.energimyndigheten.se/

 

 

Sol Voltaics participate in the Swedish delegation to Qatar.

2013-01-13

The Program will includes one day in Doha, Qatar, for meetings with key stakeholders, led by the General Director of the Swedish Energy Agency, Erik Brandsma. This is a crucial opportunity for Sol Voltaics to meet relevant actors and make contacts in the region’s fastest growing market.

Please contact Erik Olsson (erik.olsson@solvoltaics.com) for further inquiries or setting up an individual meeting.