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NexWafe raises $12 million to scale up highly efficient, greener monocrystalline silicon wafers

With this additional cash infusion, NexWafe will move forward with further industrialization of its EpiNex green high-efficiency solar wafer technology and begin its pilot manufacturing activities. As the company moves into its next stage, it is also intensifying discussions with potential partners to commercialize the technology. The company’s CEO, Davor Sutija, has a longstanding track record in creating such partnerships and will be leading this effort. He was appointed to his position in September. What’s cool? By minimizing waste through its direct-gas-to-wafer manufacturing, NexWafe’s Epinex wafers are fully compatible with conventional solar cell and module manufacturing with a 70 percent reduction in carbon footprint of conventional wafers and at greatly reduced production cost. Using a proprietary process, a crystalline silicon layer is deposited on a seed wafer and then detached, producing finished wafers with an optimal thinness and superior material properties. Th

Saudi arabiaBart markusDavor sutijaPeter pauliNexwafe epinexNexwafe gmbSaudi aramco energy venturesTechnology holdingFraunhofer institute for solar energy systemsBantina investTwente university of technologyNexwafe gmbhFraunhofer instituteSolar energy systemsApplied physicsUtwente university

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

High-efficiency monocrystalline silicon wafer manufacturer gears up for commercialization of its wafer technology, adds veteran VC to corporate board .

Saudi arabiaBart markusDavor sutijaNexwafe epiwafersPeter pauliNexwafe epinexNexwafe gmbSaudi aramco energy venturesTechnology holdingBantina investTwente university of technologyNexwafe gmbhLynwood schweizApplied physicsUtwente universityசவுதி அரேபியா

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