HIPERION News

06Augu

HIPERION technological leader Insolight successfully closes a €4.6 million funding round

Copyright: Insolight

HIPERION technological leader, the Swiss start-up Insolight, closed a € 4.6 million funding round to bring its concentrating PV module technology to commercial production. Insolight has established a world record efficiency of more than 29% for flat solar panels, as certified by Universidad Politécnica de Madrid (UPM-IES), a partner in the HIPERION project. Originally conceived for rooftop solar, the product is a promising solution in combination with agriculture, known as agrivoltaics.

Together with the € 10 million grant from the EU for the HIPERION consortium, this new financing round will enable Insolight to start producing and selling its modules.

For more information, please refer to the press release on Insolight website and to the article published by PV magazine.

Picture Copyright: Insolight

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