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Morgan Solar

morgansolar.com

Founded Year

2007

Stage

Series C | Alive

Total Raised

$50.1M

Last Raised

$10M | 7 yrs ago

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About Morgan Solar

Morgan Solar is an advanced solar energy technology company founded with the goal of making solar energy significantly more efficient and less expensive. Morgan Solar has assembled a world-class R&D team and has a growing portfolio of Concentrated Photovoltaic (CPV) and solar tracking technologies, all combining optics and advanced engineering designs with well-established manufacturing processes.

Headquarters Location

100 Symes Road Unit 100 A

Toronto, Ontario, M6N 0A8,

Canada

416-203-1655

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Expert Collections containing Morgan Solar

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Morgan Solar is included in 2 Expert Collections, including Renewable Energy.

R

Renewable Energy

4,020 items

Includes companies working on technology to support renewable energy generation.

S

Semiconductors, Chips, and Advanced Electronics

6,248 items

Companies in this collection develop everything from microprocessors to flash memory, integrated circuits specifically for quantum computing and artificial intelligence to OLED for displays, massive production fabs to circuit design firms, and everything in between.

Morgan Solar Patents

Morgan Solar has filed 41 patents.

The 3 most popular patent topics include:

  • Applications of photovoltaics
  • Photovoltaics
  • Solar cells
patents chart

Application Date

Grant Date

Title

Related Topics

Status

7/29/2019

6/7/2022

Photovoltaics, Applications of photovoltaics, Photovoltaics manufacturers, Solar cells, Solar energy

Grant

Application Date

7/29/2019

Grant Date

6/7/2022

Title

Related Topics

Photovoltaics, Applications of photovoltaics, Photovoltaics manufacturers, Solar cells, Solar energy

Status

Grant

Latest Morgan Solar News

7 ventures on a mission to green our cities

Dec 8, 2022

7 ventures on a mission to green our cities By Jacqueline Spicer  |  December 08, 2022 The new Mission from MaRS: Net Zero program aims to make it easier for communities to adopt climate solutions. This cohort has the potential to mitigate tonnes of greenhouse-gas-emissions. When it comes to tackling the climate crisis, the problem isn’t a lack of ingenuity. The problem is one of scale. The solutions we need to tackle climate change already exist, but to limit global warming we need to commercialize these technologies in every sector in the economy — as quickly as possible. But that’s easier said than done. There are myriad challenges facing cleantech ventures, and they vary according to each company’s stage, product and expertise. However, one common barrier popped up throughout the Mission from MaRS: Climate Impact Challenge : public procurement. Many of the participating ventures in the 13-month program reported that the toughest market to crack was right here at home. Canadian cities and towns spend billions of dollars each year to procure goods and solutions. But budget constraints, a lack of resources and awareness, as well as the way governments write RFPs often favour incumbent traditional technologies that, in turn, favour large corporations and competitive pricing, leaving no room for innovation. To speed up climate action, we need to make it easier for municipalities to implement home-grown solutions. “Innovation without adoption is a dead end,” says Tyler Hamilton, who is the director of cleantech at MaRS. “Canada needs to adopt the innovations it has been funding to break the overarching global barrier to adoption — and we are running out of time.” At the United Nations COP27 Climate Change Conference last month, MaRS launched Mission from MaRS: Net Zero , a series of initiatives to do just that. Its first mission centres on public procurement. MaRS has selected a new cohort of ventures with solutions across different sectors such as energy, real estate and transportation, and is recruiting key representatives from municipalities, governments and think tanks to join a specialized coalition. Over the coming months, this working group of ventures and industry leaders will be developing best practices for procurement to help governments champion innovative domestic climate solutions. Meet the new cohort of Climate Champions. BrainBox AI reduces energy use in buildings Its solution: BrainBox AI ’s system makes any building energy efficient and can be installed remotely without structural or HVAC change. The Montreal-based company uses AI to examine the weather, seasonal climate change and usage to predict perfect room temperatures, then automatically adjusts heating and cooling, reducing energy consumption by as much as 25 percent. BrainBox AI, which was part of the inaugural Mission from MaRS cohort , found selling to government particularly challenging and was eager to join this latest mission to help pave the way for other ventures. Its impact: Making buildings more energy efficient can have an outsized effect. Buildings are responsible for nearly a third of all carbon dioxide emissions globally, and HVAC systems make up more than 50 percent of that. Retrofitting the HVAC systems of tens of thousands of older public and private buildings using advanced AI to control heating and cooling could substantially reduce those emissions . And because of the rich data sets that BrainBox AI’s platform collects, outcomes can be audited by third parties to ensure organizations meet climate objectives and carbon emission reductions are accurately reported. eleven-x makes parking less painful Its solution: Hunting for a parking space is frustrating — it wastes time, adds to congestion on city streets and is a significant contributor to carbon emissions. Waterloo-based eleven-x ’s IoT, image processing and wireless smart sensor system aim to ease that pain. It uses magnetic radar, Bluetooth and AI to monitor parking spots on streets, surface lots and underground garages to transmit real-time location and navigation data to drivers using a simple app. Its impact: eleven-x’s smart parking data creates a profile of the number of available spots, how long each visitor stays, and how that differs throughout the year. The system is about more than finding parking spaces. It makes it easy for cities and institutions to manage existing parking, make long-term plans for supply and demand, improve compliance, increase revenues, lower operating costs and reduce emissions. Its parking system is being used in Milwaukee, Vancouver, Calgary and Fredericton, and its sensor systems are widely adopted to monitor indoor air quality, smart water metering and real-time water management. Enersion makes heat waste cool Its solution: Headquartered in Montreal, Enersion uses a hybrid thermal-solar system and nanotechnology to produce clean heating, cooling and electricity for buildings in one integrated system. Typical solar panels convert only about 22 percent of sunlight into electricity — the rest is waste heat. Enersion captures that heat in the form of hot water. As temperatures rise, the system vacuums humidity out of the air, where it adheres to nano-porous material. Once saturated, the material recharges to produce cooling without electricity or refrigerants. Its impact: Most buildings today are heated by natural gas — a pollutant and a limited resource — and cooled by air conditioners that use refrigerants that are 1,000 times more potent than carbon dioxide. Enersion’s technology can help avoid GHG emissions while also reducing the demand for electricity. LED Roadway helps cities become street smart Its solution: When LED Roadway added sensors and smart software to its existing LED streetlights, it was a game changer for urban planners. The Halifax-based venture’s low-cost wireless sensor system collects and analyzes anonymized data for lighting control, speed and traffic management, air quality, noise and increased security. Its impact: In 2019, only one percent of the world lived in locations that met WHO air quality guidelines. Cities, large and small, need insights to optimize traffic, improve air quality and community safety, and make life more, well, liveable. LED Roadway has been delivering insights to smarter municipalities and utilities in Brazil, Aruba, Bermuda and Atlantic Canada, which has reported energy savings of up to 62 percent. Morgan Solar harness the power of the sun Its solution: Toronto-based Morgan Solar uses proprietary software to design solar panels, blinds and building facades that capture and convert sunlight into electricity, as well as intelligent shading that controls the thermal load on the building. Sensors on the equipment provide high-frequency data as often as once per minute for real-time measurement. AI-driven technology creates a digital twin of the installation to monitor, improve and predict performance. Its impact: Building owners and city planners can use Morgan Solar’s technology to test the outcomes and effectiveness of adding various solar products to generate power, manage heat and reduce energy consumption. Modelling allows them to play with different scenarios before installing the technology. QEA Tech’s drones scout out energy loss Its solution: QEA Tech sends its drones on unobtrusive flight paths around houses and mid-size buildings to discover energy loss. The drones capture thousands of visual and thermal images, which are used to create a 3D model of the building and a building health report, made accessible through a cloud-based dashboard. Its impact: QEA Tech quickly pinpoints areas of energy loss so that building owners and managers can prioritize energy-retrofit projects. Since 51 percent of heat loss occurs through the building envelope, the technology is an easy way for municipalities to optimize building energy efficiency and meet climate commitments. The Toronto-based company has worked on more than 160 sites, including schools, apartment buildings, hospitals and industrial facilities. RUNWITHIT Synthetics lets you see the future and be ready for it Its solution: What if there is an energy crisis? A natural disaster or a pandemic? How might a policy change affect a city? RUNWITHIT models AI-based 3D synthetic environments and scenarios — digital twins — to simulate buildings, utilities and entire cities. Its program helps visualize how different scenarios could affect transportation, energy needs and resilience. This information can help clients design, optimize and maintain complex systems using innovations like microgrids, automated vehicles and response systems for natural disasters. Its impact: The award-winning, women-led, certified Aboriginal Business has created modelling studies for organizations working with government, scientists, engineers and academics in the U.S., Europe and Asia. The Edmonton-based company’s hyper-localized models have helped support planners in their decision-making. Mission from MaRS: Net Zero is working to promote the wide-scale adoption of climate technologies to build a more sustainable planet. Enter your email*

Morgan Solar Frequently Asked Questions (FAQ)

  • When was Morgan Solar founded?

    Morgan Solar was founded in 2007.

  • Where is Morgan Solar's headquarters?

    Morgan Solar's headquarters is located at 100 Symes Road, Toronto.

  • What is Morgan Solar's latest funding round?

    Morgan Solar's latest funding round is Series C.

  • How much did Morgan Solar raise?

    Morgan Solar raised a total of $50.1M.

  • Who are the investors of Morgan Solar?

    Investors of Morgan Solar include ArcTern Ventures, EnerTech Holding Company, Enbridge, Inversiones Financieras Perseo, New Ventures Group and 7 more.

  • Who are Morgan Solar's competitors?

    Competitors of Morgan Solar include NEI Corporation, XJet, Ice Energy, Soliant Energy, Isosceles and 11 more.

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SpectraWatt

SpectraWatt manufactures and distributes silicon solar cells for use in solar modules. SpectraWatt aims to enable solar generated electricity to compete, on an unsubsidized basis, with conventional sources of electricity.

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Blue Square Energy

Blue Square Energy aims to discover and manufacture more efficient solar cells.

Siva Power Logo
Siva Power

Siva Power, fka Solexant, is developing third generation thin film PV technologies which increase solar cell efficiency, enabling the commercialization of low-cost solar modules. Using printable nano-material technologies, Solexant's flexible solar cells harvest energy from the entire solar spectrum.

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ZenithSolar

ZenithSolar has developed a modular and easily scalable high concentration photovoltaic system (HCPV). The core technology is based on a unique, optical design that extracts the maximum energy with minimal 'real estate'. The system aims to provide both high amounts of electricity and high temperatures of useful heat - that can address vertical cogeneration applications. Using widely available materials and processes with a vertical integration production practice, ZenithSolar employs very cost effective mass manufacturing capabilities.

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Chromic Decor

Chromic Decor develops electrochromic (EC) technology for use in window coverings. EC materials switch between dark and transparent states through the application of a small electric current and the company's initial focus is integrating this technology into window shades and blinds. Chromic Decor intends to address the need for improved energy efficiency in buildings by controlling solar heat gain in the summer and acting as an insulator in the winter, thereby reducing energy consumption through HVAC systems. The company's products also improve ambient lighting and reduce glare, which promotes a more productive work environment by connecting interior spaces to the outdoors and natural light.

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