Stion receives US$2 million award under US SunShot Initiative

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High-efficiency thin-film solar module manufacturer Stion received a US$2 million award from the US Department of Energy (DOE) for its tandem junction technology.

The Tier 2 grant, part of the DOE’s SunShot Initiative Incubator 7 Program, will be used to continue pilot production and scale-up Stion’s high-efficiency thin film modules, which are based on the tandem junction technology.

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Stion was previously awarded a Tier 1 grant in February 2011, which it used to bring its proprietary technology into commercial prototype stage and produced tandem junction prototype modules at 18.8% aperture efficiency.

Stion is one of ten small companies receiving a share of the US$10 million available under the Incubator 7 Program. The initiative is aimed at helping start-up businesses speed up the development of innovative solar technologies for the marketplace.

A full list of the funding recipients is here

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