Swift Solar has closed its $27 million Series A financing round, co-led by Eni Next and Fontinalis Partners.
Also joining the round are Stanford University, Good Growth Capital, BlueScopeX, HL Ventures, Toba Capital, Sid Sijbrandij, James Fickel, Adam Winkel, Fred Ehrsam, Jonathan Lin and Climate Capital.
The company says it has raised $44 million of funding in total for its perovskite tandem solar products.
“Solar is the future of energy, not just clean energy,” says Joel Jean, co-founder and CEO of Swift Solar.
“Our advanced perovskite solar cells can outperform anything currently available on the market. People may not realize that solar manufacturing today is concentrated in China and Southeast Asia. Swift Solar will bring advanced solar manufacturing back to the U.S. and strengthen our domestic renewable energy sector. This is an unprecedented opportunity to reshape the global solar industry. With this round, we’re excited to partner with world-class deeptech and strategic investors to take Swift to the next level.”
The company adds that it has attracted $16 million in federal and state grants from the U.S. Department of Energy, Department of Defense, National Science Foundation and the California Energy Commission.
The post Swift Solar Announces $27M Series A Funding Round appeared first on Solar Industry.
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Orsted Wins Tax Fight, Vestas Breaks Onshore Height Record
Allen covers Vestas setting the tallest onshore turbine record in Germany, Skyborn’s €3B Baltic wind financing close, Orsted’s UK tax fight win, and the debate over turbines as national security assets.
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At left is a recent post by a “friend” on FB. A couple of points that illustrate how inane and dangerous social media can be:
- This is a hoax that was debunked that year.
- Protesting the U.S. support for what’s happening in Gaza is far different than “organizing pro-Hamas rallies.”
- Objecting to the free expression of ideas is unAmerican.
Of course, stupidity exists even in the absence of social media, but there is no doubt that it accelerates that rate at which crap like this can be promulgated throughout our society.
To accept what House Speaker Mike Johnson says here, you’ll have to pretend that you received your DOGE and Tariff checks, that grocery and gasoline prices aren’t through the roof, that the national debt didn’t just break the $40 trillion barrier, and that the United States has won the illegal and pointless war in Iran.
OK, we’re stupid, but there must be a limit.
Please tell me there is a limit.
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