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Swift Solar

swiftsolar.com

Founded Year

2017

Stage

Grant - II | Alive

Total Raised

$16.01M

Last Raised

$1M | 1 yr ago

About Swift Solar

Swift Solar is a startup manufacturing lightweight solar panels that are cheaper and more efficient than conventional panels using perovskite materials.

Headquarters Location

981 Bing Street

San Carlos, California, 94070,

United States

937-286-6858

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ESPs containing Swift Solar

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EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Energy / Decarbonization & Climate Tech

Companies in this market are advancing solar cells that are lighter, more efficient, more flexible, and less expensive than traditional solar cells. Perovskite refers to the atomic arrangement of light-absorbing materials in the solar cell. This structure enhances a solar cell’s light absorption abilities.

Swift Solar named as Outperformer among 6 other companies, including Oxford Photovoltaics, Microquanta, and Enecoat Technologies.

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Research containing Swift Solar

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CB Insights Intelligence Analysts have mentioned Swift Solar in 1 CB Insights research brief, most recently on Dec 10, 2020.

Expert Collections containing Swift Solar

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

Swift Solar is included in 1 Expert Collection, including Renewable Energy.

R

Renewable Energy

2,900 items

Includes companies working on technology to support renewable energy generation.

Swift Solar Patents

Swift Solar has filed 6 patents.

The 3 most popular patent topics include:

  • Photovoltaics
  • Solar cells
  • Applications of photovoltaics
patents chart

Application Date

Grant Date

Title

Related Topics

Status

1/23/2019

5/10/2022

Photovoltaics, Solar cells, Applications of photovoltaics, Energy conversion, Transport Layer Security

Grant

Application Date

1/23/2019

Grant Date

5/10/2022

Title

Related Topics

Photovoltaics, Solar cells, Applications of photovoltaics, Energy conversion, Transport Layer Security

Status

Grant

Latest Swift Solar News

Department of Energy Funding Boosts US-MAP Research into Perovskites

Apr 22, 2021

By 15 seconds ago The U.S. Department of Energy has awarded  $40 million to fund continuing research into perovskites , with much of the money going to facilities connected to a consortium led by the National Renewable Energy Laboratory (NREL). The collaborative effort established at NREL two years ago called the  U.S. Manufacturing of Advanced Perovskites Consortium (US-MAP)  is a public-private effort involving laboratories, universities, and private industry. The consortium brings together leaders in perovskite research, development, and manufacturing, to reduce costs and minimize risks for potential investors. The DOE funds support research and development efforts to advance perovskite photovoltaic (PV) devices, manufacturing, and performance validation. Perovskite, which refers to a crystal structure rather than to a single material such as silicon, has shown potential for being highly efficient at converting sunlight to electricity and for being lower cost to make compared to other PV materials. “This investment by DOE represents a significant step in establishing a path for metal halide perovskite PV commercialization,” said Laura Schelhas, executive director of US-MAP. “We hope our US-MAP partners will continue their collaborative relationships through these awards and will continue to lead innovation in the performance and manufacturing of these materials.” Through the Solar Energy Technologies Office (SETO), DOE is investing in two major areas: advancing the efficiency and stability of perovskite solar technology, and addressing challenges in manufacturing perovskite PV modules. In the first category, SETO awarded: $2.15 million to the University of Colorado, Boulder, for two projects — one to find high-performance perovskite alloys, and the other to potentially introduce ways to test the stability of perovskite solar cells and help forecast their long-term stability in the field $1.5 million to SLAC National Accelerator Laboratory to develop advanced characterization tools to determine what governs device stability and manufacturing reliability $1.25 million to the University of North Carolina at Chapel Hill to develop efficient and stable perovskite cells using formamidinium and cesium $1.2 million to NREL for the development of electro-optical imaging methods to measure the film and crystal characteristics in the PV devices $500,000 to Swift Solar for the study of module-level components to ensure their long-term operational stability. NREL also will collaborate with Brown University and Georgia Institute of Technology on separate projects. Brown will receive $1.5 million for research into creating stronger bonds within the solar cell. SETO granted Georgia Tech $800,000 for work into developing charge transport layers structurally designed to conduct electricity, inhibit crystallization, and prevent moisture degradation in cells. In the manufacturing area, SETO awarded: $2.5 million to First Solar to develop a cost-competitive, high-throughput process to manufacture perovskite PV modules $2.5 million to Hunt Perovskite Technologies to demonstrate highly efficient lead-safe perovskite PV modules made by slot-die coating $2 million to Tandem PV to design and manufacture 1-meter by 2-meter tandem modules. SETO also awarded $9 million to Sandia National Laboratories and $5 million to NREL to collaborate on moving perovskite solar cells toward commercialization. Sandia will lead the integrated Validation and Bankability Center. “Other PV technologies, such as CIGS, have shown significant potential but ultimately failed to achieve commercial success,” said Michael Irwin, chief technology officer of Hunt Technologies LLC (HPT). “Through NREL’s leadership in the DOE SETO perovskite Validation and Bankability Center, we can leverage those lessons learned to ensure this extraordinary semiconductor in metal halide perovskite can realize its potential in solar PV applications. HPT has partnered with NREL since 2014, and we look forward to continuing the relationship through US-MAP.” For more information about US-MAP, visit  www.usa-perovskites.org . Article courtesy of the  NREL .

Swift Solar Frequently Asked Questions (FAQ)

  • When was Swift Solar founded?

    Swift Solar was founded in 2017.

  • Where is Swift Solar's headquarters?

    Swift Solar's headquarters is located at 981 Bing Street, San Carlos.

  • What is Swift Solar's latest funding round?

    Swift Solar's latest funding round is Grant - II.

  • How much did Swift Solar raise?

    Swift Solar raised a total of $16.01M.

  • Who are the investors of Swift Solar?

    Investors of Swift Solar include National Science Foundation, Good Growth Capital, Climate Capital, Sid Sijbrandij, James Fickel and 9 more.

  • Who are Swift Solar's competitors?

    Competitors of Swift Solar include Microquanta, Enecoat Technologies, Tandem PV, Evolar, Hunt Perovskite Technologies and 8 more.

Compare Swift Solar to Competitors

BlueDot Photonics Logo
BlueDot Photonics

BlueDot Photonics is committed to finding new ways to harvest, manipulate, and transform light using perovskite materials and simple manufacturing techniques. BlueDot is commercializing proprietary technology to create the next generation of solar panels and photonic devices.

O
Oxford Photovoltaics

Oxford Photovoltaics develops a solid-state dye-sensitized solar cell that is optimized to drive a paradigm shift in the aesthetics, performance and cost of Building Integrated Photovoltaic (BIPV) systems. Oxford PV's solid-state DSC has been specifically developed to overcome problems through using a solid-state redox couple, the energy of which can be much more closely matched to the energy of the hole on the dye, minimizing the voltage loss in the dye regeneration process.

F
Frontier Energy Solution

Frontier Energy Solution (프런티어에너지솔루션) is a startup that focuses on the research and development of the perovskite solar cell technology.

R
Rayleigh Solar Tech

Rayleigh Solar Tech is a Halifax-based cleantech company aiming to commercialize perovskite solar cells, which could assist in turning sunlight into electricity.

M
Microquanta

Microquanta develops perovskite solar cells and related smart manufacturing equipment. The company's perovskite solar cells are produced with organic-inorganic crystals which have a better bandgap for solar spectra. It was founded in 2015 and is based in Hangzhou, China.

E
Enecoat Technologies

Enecoat Technologies develops solar energy solutions. The company manufactures and sells perovskite solar cells and related materials. It serves customers operating in the renewable energy sector. It was founded in 2018 and is based in Kyoto, Japan.

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