2011 MIT Technology Review TR 50, Most Innovative Companies in the World
Hanwha Chemical and Ventizz Capital Fund IV L.P. Join Return Investors North Bridge Venture Partners and Polaris Venture Partners in Backing Silicon Photovoltaics Innovator
1366 Technologies, whose innovative approaches to solar manufacturing have the potential to halve the cost of solar energy, announced today the close of a $20 million Series B financing bringing the Companyâ€™s total amount raised to $37.55 million.
1366 Technologies, a silicon photovoltaics (PV) company, today announced it has strengthened its Board of Directors with the addition of Reidar Langmo, CEO of Novus Energy Partners (Novus) and co-founder of Renewable Energy Corporation (REC). 1366 has expanded its core team by 50 percent over the past nine months, and guidance from key board members such as Langmo will help the company bring its disruptive silicon PV technologies to market more quickly.
1366 Technologies Raises $5.15 Million from Polaris Venture Partners and North Bridge Venture Partners
Round Follows $4 Million in Federal Funding from the U.S Department of Energyâ€™s Advanced Research Projects Agency-Energy (ARPA-E)
1366 Technologies, a silicon photovoltaics company, today announced that the company has closed $5.15 million of venture capital bringing its total amount raised to $17.55 million. The round was led by returning investors Polaris and North Bridge Venture Partners and was awarded on the heels of signing a $4 million contract with the U.S. Department of Energyâ€™s ARPA-E program.
1366 Technologiesâ€™ Breakthrough Solar Cell Architecture and Manufacturing Processes Enable Record Efficiencies
Innovative Cell Design Shatters Previous Cost Barriers for High Efficiencies to Save Manufacturers $50 Billion in Five Years
1366 Technologies, a silicon photovoltaics company, today unveiled two breakthrough technologies for multi-crystalline silicon solar cells. The companyâ€™s significant advancements in cell texturing and metallization deliver simpler, more commercially-viable solutions for multicrystalline cell manufacturers striving to reach 18 percent efficiency. 1366 Technologiesâ€™ Self-Aligned Cell (SAC) architecture breaks the historic efficiency and cost tradeoff of photovoltaics (PV) by providing mono-crystalline equivalent cell efficiencies at multi-crystalline cell costs.
Innovative PV Company One of Only 37 Awardees, Selected from a Highly-Competitive Pool of 3,600 Applicants
1366 Technologies, a silicon photovoltaics company, today announced that the company will receive four million dollars in federal funding from the Advanced Research Projects Agency — Energy (ARPA-E) of the U.S. Department of Energy (DOE).
1366 Technologies, an MIT spin-off focused on engineering and manufacturing advanced silicon solar cells, today announced the company has been awarded a cost-shared, 18-month subcontract with the National Renewable Energy Laboratory (NREL) and the U.S. Department of Energy (DOE) for the â€œSelf-Aligned Cell: Scaling up manufacture of a cost effective cell architecture for multi-crystalline silicon photovoltaicsâ€ Project. The total potential funding from the DOE under the Solar America Initiative (SAI) is up to $3.0 million for the project.
1366 Technologies, an MIT spin-off focused on engineering and manufacturing advanced silicon solar cells, today announced the company will host a grand opening reception on October 16 to debut its new Lexington, MA manufacturing facility.
MIT spin-off 1366 Technologies is the winner of a startup competition at Greentech Mediaâ€™s PV Annual 2008 conference near Boston.
On Wednesday, panelists Jeff Andrews (Atlas Venture), Rob Day (@Ventures) and Jay Fiske (Massachusetts Green Energy Fund) named 1366 as the most promising of five solar startups that presented their technologies and business plans at the conference.
MIT Professor Ely Sachs Aims to Beat Coal with Improved Silicon Solar Cell Manufacturing
1366 Technologies, a new MIT start-up aiming to make silicon solar cells competitive with coal, today announced it has secured $12.4 million in a first round of financing co-led by North Bridge Venture Partners and Polaris Venture Partners.