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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.

Swift Solar Announces $27M Series A Funding Round

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Renewable Energy

Joke on MAGA Attire

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This is funny, but in actuality, sane people don’t physically attack the MAGA crowd; in fact, we don’t even make snide comments.

We keep our thoughts to ourselves.  We may feel sorry for these people’s moral depravity and/or stupidity.  We may be angry that the country that was once the envy of the world is now viewed with ridicule and disdain in its path to become irrelevant in global affairs.

But messing with hateful morons in red hats isn’t helping anyone.

Joke on MAGA Attire

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Renewable Energy

Trump Campaigns for the Nobel Peace Prize

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Here’s the latest on Trump’s efforts to be awarded the Nobel Peace Prize, while waging an aggressive war in Iran, executing people he suspects of carrying drug off the coast of Venezuela, pledging to take over Cuba, and annexing Greenland from a (former) ally.

Trump Campaigns for the Nobel Peace Prize

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Renewable Energy

Boycott Amazon

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At left are a few good reasons not to shop from Amazon.

I use eBay, so as not to make this world an even worse place than it is now.

Boycott Amazon

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