Swift Solar is a U.S. startup designing and manufacturing perovskite solar panels that are cheaper and more efficient than conventional panels.
The Swift Solar team includes leading solar technologists from Stanford, MIT, Cambridge (UK), Oxford (UK), and the University of Washington, with deep expertise in perovskite photovoltaic technology and scale-up. Swift's core technologies range from new solar cell architectures to specialized manufacturing techniques initially developed in the labs at Stanford and MIT.
1609 Golden Hills Rd.
Golden, CO 80401
United States
Swift Solar announces $27 million Series A funding round
Swift Solar has announced the close of its $27 million Series A financing round. The round was co-led by Eni Next and Fontinalis Partners. Also joining the round are new and existing investors including Stanford University, Good Growth Capital, BlueScopeX, HL Ventures, Toba Capital, Sid Sijbrandij, James Fickel, Adam Winkel, Fred Ehrsam, Jonathan Lin, and Climate Capital.
In total, Swift Solar has raised $44 million for its mission to transform the solar energy landscape with perovskite tandem solar products. Proceeds from this round will accelerate Swift Solar’s scaling of efficient and stable tandem technology as the Company prepares to break ground on its first factory. Swift Solar also plans to build a factory in the U.S. in the next two to three years to manufacture thin-film solar.
US DOE invests $71 million to advance American solar manufacturing
As part of the Investing in America agenda, the U.S. Department of Energy (DOE) recently announced a $71 million investment in research, development, and demonstration projects to grow the network of domestic manufacturers across the U.S. solar energy supply chain.
The selected projects will address gaps in the domestic solar manufacturing capacity for supply chain including equipment, silicon ingots and wafers, and both silicon and thin-film solar cell manufacturing. The projects will also open new markets for solar technologies such as dual-use photovoltaic (PV) applications, including building-integrated PV and agrivoltaics.
Researchers examine prospects of vapor-based deposition to short track perovskite PV's road to commercialization
A large international group of researchers worked together to form a balanced viewpoint on the prospects of vapor-based processing of perovskite PV on an industrial scale.
Their perspective highlights the conceptual advantages of vapor phase deposition, discusses the most crucial process parameters in a technology assessment, contains an overview about relevant global industry clusters, and provides an outlook on the commercialization perspectives of the perovskite technology in general.
TEAMUP collaborative project supports tandem PV commercialization through academic and industry collaborations
A new consortium of academic and industry partners, Tandems for Efficient and Advanced Modules using Ultrastable Perovskites, or TEAMUP, looks to help mitigate climate change by making a new generation of solar technology commercially viable.
The three-year TEAMUP collaboration, which is planned to start in the fall of 2023, is supported by $9 million in funding from the U.S. Department of Energy. TEAMUP seeks to maximize the performance and reliability of tandem solar panels for consumer use.
Researchers show that perovskite-based thermochromic windows reduce energy load and carbon emission in buildings
Researchers from NREL, University of Wisconsin—Stout and Swift Solar have reported perovskite-based thermochromic windows that reduce energy load and carbon emission in buildings. The team calculated and fabricated a perovskite-based technology with excellent transition temperatures for building energy savings.
The use of thermochromic windows in office buildings improves energy efficiency across all climate zones in the United States by modulating the temperature inside, leading to a massive savings, according to the research effort led by the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL).
