A focus on the ever-significant solar cell industry received another boost recently with the announcement that Intel Capital will up its solar investments by pledging $12.5m for semiconductor and solar cell manufacturer Voltaix.
The US-based company has provided semiconductor and thin film solar materials for a quarter of a century and aims to expand its role in the growing market for building-integrated photovoltaics (PV), company President John de Neufville said in a statement.
“Our financing of Voltaix is part of Intel Capital’s manufacturing strategy to foster innovation around integrated circuit manufacturing and complementary clean tech areas such as thin film photovoltaics,” explained Arvind Sodhani, President of Intel Capital.
Intel’s investment branch announced earlier this month that it led a $133.7m round with $37.7m for Sulfurcell of Germany, which aims to build a Berlin plant for producing thin-film solar modules.
... to continue reading you must be subscribed
