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NexWafe GmbH Lands €10 Million Funding Round, Aims to Cut Solar Production Costs by 30%, Reduce CO2 Emissions by 70%

Press release content from Business Wire. The AP news staff was not involved in its creation. NexWafe GmbH Lands €10 Million Funding Round, Aims to Cut Solar Production Costs by 30%, Reduce CO2 Emissions by 70% February 4, 2021 GMT FREIBURG, Germany (BUSINESS WIRE) Feb 4, 2021 NexWafe GmbH, today announced completion of a €10 million capital raise with participation from both existing and new shareholders. Pioneers of in-line epitaxy for production of high-efficiency monocrystalline silicon wafers, NexWafe’s EpiWafers provide solar panel manufacturers with dramatically higher efficiency and uncompromised yield at 70 percent of the cost of traditional monocrystalline Cz-Si, all without having to retool their production lines. NexWafe’s technology also allows for production of ultra-thin wafers, already demonstrated in the company’s pilot line in Freiburg, providing a roadmap to next-generation ultra-thin and tandem architectures.

Saudi arabiaBart markusDavor sutijaNexwafe epiwafersAlan ryanPeter pauliNexwafe epinexNexwafe gmbRainier communicationsSaudi aramco energy venturesFraunhofer institute for solar energy systemsTechnology holdingBantina investTwente university of technologyWafe gmbhLynwood schweiz

NexWafe GmbH Lands 10 Million Funding Round, Aims to Cut Solar Production Costs by 30%, Reduce CO2 Emissions by 70%

NexWafe GmbH Lands 10 Million Funding Round, Aims to Cut Solar Production Costs by 30%, Reduce CO2 Emissions by 70%
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Saudi arabiaBart markusDavor sutijaNexwafe epiwafersAlan ryanPeter pauliNexwafe epinexNexwafe gmbRainier communicationsSaudi aramco energy venturesTechnology holdingFraunhofer institute for solar energy systemsBantina investTwente university of technologyNexwafe gmbhLynwood schweiz

NexWafe GmbH Lands €10 Million Funding Round, Aims to Cut Solar Production Costs by 30%, Reduce CO2 Emissions by 70%

(1) High-efficiency monocrystalline silicon wafer manufacturer gears up for commercialization of its wafer technology, adds veteran VC to corporate board NexWafe GmbH, today announced completion of a €10 million capital raise with participation from both existing and new shareholders. Pioneers of in-line epitaxy for production of high-efficiency monocrystalline silicon wafers, NexWafe s EpiWafers provide solar panel manufacturers with dramatically higher efficiency and uncompromised yield at 70 percent of the cost of traditional monocrystalline Cz-Si, all without having to retool their production lines. NexWafe s technology also allows for production of ultra-thin wafers, already demonstrated in the company s pilot line in Freiburg, providing a roadmap to next-generation ultra-thin and tandem architectures.

Saudi arabiaNexwafe epiwafersAlan ryanNexwafe epinexDavor sutijaBart markusKostenloser wertpapierhandelPeter pauliNexwafe gmbRainier communicationsSaudi aramco energy venturesTechnology holdingFraunhofer institute for solar energy systemsBantina investTwente university of technologyWafe gmbh