{"id":13600,"date":"2020-08-03T11:14:03","date_gmt":"2020-08-03T09:14:03","guid":{"rendered":"https:\/\/ggba.swiss\/insolight-raises-chf-5-million-for-its-next-generation-solar-panels\/"},"modified":"2023-07-04T13:40:04","modified_gmt":"2023-07-04T11:40:04","slug":"insolight-raises-chf-5-million-for-its-next-generation-solar-panels","status":"publish","type":"post","link":"https:\/\/ggba.swiss\/en\/insolight-raises-chf-5-million-for-its-next-generation-solar-panels\/","title":{"rendered":"Insolight raises CHF 5 million for its next-generation solar panels"},"content":{"rendered":"<h4>Vaud-based start-up Insolight has announced the completion of a Series A Round of CHF\u00a05 million. The company intends to sell its first modules to large solar energy corporates for applications in agrivoltaics.<\/h4>\n<p>Following a first seed financing round in January 2018, <a href=\"https:\/\/insolight.ch\/\" target=\"_blank\" rel=\"noopener\">Insolight<\/a>\u2019s technology has established a world record efficiency of more than 29% for flat solar panels, as certified by the <a href=\"https:\/\/www.ies.upm.es\/\" target=\"_blank\" rel=\"noopener\">IES-UPM<\/a> (Solar Energy Institute of the University of Madrid).<\/p>\n<p>The Series A financing round of CHF 5 million, together with the EUR 10\u00a0million \u00a0<a href=\"https:\/\/hiperion-project.eu\/\" target=\"_blank\" rel=\"noopener\">HIPERION<\/a> grant from the EU, will enable Insolight to start producing and selling its\u00a0modules. &#8220;The panels are prepared in Spain, after which the production line will be set up at the <a href=\"https:\/\/www.csem.ch\/Home?lg=\" target=\"_blank\" rel=\"noopener\">CSEM<\/a> in Neuch\u00e2tel,&#8221; explains Laurent Coulot, CEO and co-founder of Insolight.<\/p>\n<p>Insolight intends to sell its first modules to large solar energy corporates for applications in agrivoltaics. There is a unique potential for\u00a0high efficiency and translucent modules to produce both solar electricity and crops on the land, whether deployed on fields or greenhouses. The nascent agrivoltaic market already represents 5 GW<sub>p<\/sub> of installed power with a market size estimated to CHF 700 million.<\/p>\n<h4>Solar modules with record efficiency<\/h4>\n<p>Insolight is based at the <a href=\"https:\/\/epfl-innovationpark.ch\/\" target=\"_blank\" rel=\"noopener\">EPFL Innovation Park<\/a> in Lausanne, canton of Vaud, developing next-generation solar PV panels. The technology is based on a patented optical technology, which was validated at 29% efficiency in a standard flat module.<\/p>\n<p>The company has established strong partnerships with major industrial players as well as world-class research centers. It is supported by private investors and several EU programs, and is part of the HIPERION project consortium (HybrId Photovoltaics for Efficiency Record using Integrated Optical techNology).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Vaud-based start-up Insolight has announced the completion of a Series A Round of CHF\u00a05 million. The company intends to sell its first modules to large solar energy corporates for applications in agrivoltaics. Following a first seed financing round in January 2018, Insolight\u2019s technology has established a world record efficiency of more than 29% for flat [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":13601,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"mc4wp_mailchimp_campaign":[],"footnotes":""},"categories":[853],"tags":[913,894,904],"class_list":["post-13600","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cleantech-en","tag-agritech","tag-financing","tag-solar-energy"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Insolight raises CHF 5 million for its next-generation solar panels - Greater Geneva Bern area<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/staging.ggba.swiss\/en\/insolight-raises-chf-5-million-for-its-next-generation-solar-panels\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Insolight raises CHF 5 million for its next-generation solar panels - Greater Geneva Bern area\" \/>\n<meta property=\"og:description\" content=\"Vaud-based start-up Insolight has announced the completion of a Series A Round of CHF\u00a05 million. The company intends to sell its first modules to large solar energy corporates for applications in agrivoltaics. 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