Ampulse secures $8 million funding for development of new Film-Silicon technology

Ampulse Corporation disclosed its $8 million Series A funding co-led by Globespan Capital Partners and El Dorado Ventures, who are joined now by existing investors Battelle Ventures and its affiliate fund, Innovation Valley Partners. As a direct result of the funding, Daniel Leff of Globespan and Jeff Hinck of El Dorado Ventures have been appointed to Ampulse’s board of directors.

“The commitment from our new venture partners provides us the support that will help us bring our innovative c-Si thin-film technology to market," said Steve Hane, president and chief executive officer of Ampulse. “Through our research partnerships with the National Renewable Energy Laboratory (NREL) and the Oak Ridge National Laboratory (ORNL), Ampulse’s next-generation c-Si thin-film technology will deliver a highly efficient and flexible form factor thin-film solution with the lowest total system cost to address the needs of our customers.”

Ampulse is developing what they term as film-silicon technology. It is a thin-film PV technology that optimizes crystalline silicon energy conversion efficiency while lowering manufacturing costs for existing silicon based technologies. The company’s film-silicon product uses hot-wire chemical vapor deposition techniques to place a thin layer of crystalline silicon onto a flexible metallic substrate. Ampulse aims to offer lower cost, high-throughput fabrication of high efficiency flexible cells utilizing the industry’s traditional PV equipment, offer two times gain in module efficiency, 75% reduction of cost, 60 times reduction in layer thickness, 60 times reduction in deposition process time and to eliminate the need to insert multiple junctions at slow deposition rates.

PV-Tech Storage Promo

Newsletter

Preview Latest
Subscribe
We won't share your details - promise!

Publications

  • Photovoltaics International 24th Edition

    Signs earlier in the year of the global industry entering a growth phase have now been confirmed beyond any doubt. Almost all the big-name suppliers have now announced some form of manufacturing capacity expansion, a trend that analysts agree will only gather pace as long as the levels of demand predicted over the next few years turn out to be correct.

  • Manufacturing The Solar Future: The 2014 Production Annual

    Although the past few years have proved extremely testing for PV equipment manufacturers, falling module prices have driven solar end-market demand to previously unseen levels. That demand is now starting to be felt by manufacturers, to the extent that leading companies are starting to talk about serious capacity expansions later this year and into 2015. This means that the next 12 months will be a critical period if companies throughout the supply chain are to take full advantage of the PV industry’s next growth phase.

Partners

Acknowledgements

Solar Media