Solexel, a thin-silicon solar technology startup, is aiming to bring its 20%-efficient photovoltaic modules to the commercial market by 2014. At a cost of $0.42 per watt, such a high efficiency for this technology would certainly have its uses.
Funding a solar startup isn’t cheap, though. Just last week the firm raised another $11.5 million in investments, bringing its total resources so far to nearly $150 million.
Source: Green Tech Media
Image Credit: Solexel