Novel epitaxial wafer technology start-up NexWafe a spin-off from Fraunhofer ISE has raised €6 million in Series A funding from Swiss-based Private Equity firm Lynwood (Schweiz) AG.
After announcing a new world record in solar-cell efficiency two years ago, Fraunhofer ISE reports that it has set a new benchmark for efficiency at the module level.
Solar Frontier has broken a conversion efficiency record for CIS thin-film solar cells that has stood for over a year, achieving 22.3% efficiency on a 0.5cm² PV cell.