Solopower Systems, Inc.

Solopower Systems, Inc. is a pioneering company in the field of clean energy, specifically in the manufacturing of CIGS solar cells. Founded in 2005 in the United States, the company has developed a proprietary electrochemical process for CIGS solar cell formation, setting itself apart from traditional Si-based PV and other thin film PV technologies.

The SoloPower™ technology boasts several key advantages, including the capability to deposit films on large areas and various shapes, continuous processing with high throughput using low-cost equipment, excellent compositional control, high material utilization, and minimal waste generation. Notably, their electroplating method provides near 100% materials utilization in a low-cost, roll-to-roll process, leading to substantial competitive advantages over alternative materials and techniques.

The company received a significant $12.00M Series E investment on 15 October 2012, which speaks to the confidence of investors in the innovative technology developed by Solopower Systems, Inc. This investment further supports their breakthrough in low-cost, high-quality, high-volume manufacturing and commercialization of CIGS-based photovoltaics.

Solopower's unique and proprietary technology positions the company as a potential leader in the clean energy industry, with the capability to drive significant impact in the energy and energy efficiency sectors.