PV materials firm Voltaix scores $10M in financing from MissionPoint, names Mark Schwartz to board

Facebook
Twitter
LinkedIn
Reddit
Email

Photovoltaics and semiconductor materials provider Voltaix has received $10 million in equity financing from private investment firm MissionPoint Capital Partners. The company also announced the appointment of Mark Schwartz, cofounder and chairman of MissionPoint (and former chairman of Goldman Sachs Asia), to its board.

“Solar-cell producers are increasingly focused on materials that increase cell efficiency, and Voltaix is on the leading edge of innovation in this area,” said Mark K. Fine, CEO of Voltaix (shown at left).  “This partnership with MissionPoint strengthens our ability to maintain our leadership position as a developer of enhanced products for the PV and semiconductor industry.”

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

“Mark Schwartz brings tremendous experience and insight to our board of directors and will help Voltaix become a global leader in advanced materials manufacturing,” said Peter de Neufville, chairman of the New Jersey-based company. “This equity financing will help Voltaix significantly increase our production and development capabilities, and will enable [us] to expand our activity in Asian markets.

“With a quarter-century of technology leadership, Voltaix has a strong legacy of innovation that has helped electronics manufacturers support the expanding demand for applications such as thin film photovoltaics,” noted Schwartz.  “Voltaix is positioned to capitalize on extraordinary growth opportunities as a result of the transition to low-carbon technologies.  Our investment in Voltaix is consistent with MissionPoint’s strategy to partner with companies spearheading this global transformation.” 

Voltaix announced earlier this month that it plans to build a manufacturing facility in Northampton County, PA, with construction set to begin in the second quarter and operations projected to ramp in 2011.

Read Next

July 11, 2025
Indian independent power producer (IPP) Juniper Green Energy has commissioned an additional 71MWp at Chapalgaon Solar Project in Solapur, Maharashtra.
July 11, 2025
The Asia Pacific (APAC) region has accounted for 69% of the 589GW solar PV inverters shipped in 2024, according to a report from analyst Wood Mackenzie.
Premium
July 11, 2025
Analysis: A presidential executive order issued on Monday tightening up project start rules is causing concern among developers.
Premium
July 11, 2025
According to the latest pricing data from the Silicon Industry Branch, released on 9 July, the transaction price range for n-type dense polysilicon has oscillated between RMB34,000-38,000/ton (US$4,741-5,299/ton).
July 11, 2025
Solar firms submitted over 1,300 expressions of interest to the latest Italian government renewable energy tender, for a combined 17.5GW of proposed generation capacity.
July 11, 2025
The Australian Energy Market Operator (AEMO) has revealed that several utility-scale solar PV power plants experienced curtailment of above 25% in the National Electricity Market (NEM) in 2024.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 22, 2025
Bilbao, Spain
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK