Top 10 Solar Cell startups

Updated: April 21, 2024 | Editor: Alexander Gillet

Solar cell startups are actively working on developing advanced photovoltaic technologies, including perovskite solar cells, tandem solar cells, and flexible and transparent solar cells, to improve energy conversion efficiency, reduce manufacturing costs, enhance durability, and enable the widespread adoption of solar power as a reliable and sustainable source of electricity.
1
Country: USA | Funding: $466.6M
SoloPower is a producer of thin-film photovoltaic cells and modules that help solar electricity generation and adapt to virtually limitless site-specific applications.
2
Country: USA | Funding: $345M
Silicor Materials manufactures solar-grade silicon and aluminum products.
3
Country: China | Funding: $248.2M
Jinko Solar is an energy company that focuses on producing solar energy micro-crystalline silicon.
4
Country: Sweden | Funding: $224.2M
Exeger Sweden AB develops flexible solar cells for self-powered gadgets
5
Country: UK | Funding: $152.2M
Oxford PV is the technology leader in the field of perovskite solar cells.
6
Country: USA | Funding: $123.7M
1366 Technologies develops high-performance silicon wafers.
7
Country: USA | Funding: $78.5M
Ambient Photonics is a low light energy harvesting PV cells for smart home, consumer electronics, and IoT devices.
8
Country: Canada | Funding: $53.1M
Morgan Solar develops concentrated photovoltaic module, which features the industry’s most advanced optical designs and is up to 15% more efficient than conventional solar panels, and two-axis tracker, which offers significantly higher ROI compared to conventional fixed-track systems because it can be set up and serviced manually rather than having to use cranes and heavy machinery.
9
Country: China | Funding: $50M
ET Solar Group is a Chinese photovoltaic company providing solar modules and related photovoltaic solutions worldwide.
10
Country: USA
Bila Solar produces innovatile glassless, frameless solar moduls. They combine the proven benefits of crystalline silicon solar cells with patented aerospace composites.
11
Country: Canada | Funding: $33.8M
Solantro’s chipsets and platforms turn solar panels into integrated power generators and allow for the management and storage of renewable energy. The chipsets are designed and built specifically to measure, process and drive complex power architectures from distributed energy resources
12
Country: USA | Funding: $28.2M
Toledo Solar produces the finest CdTe Thin Cell Solar panels, which are designed for a variety of uses from homes and small businesses to large power-generating facilities.
13
Country: Switzerland | Funding: $24.8M
Insolight is an energy company that develops and manufactures solar panels. The technology, called planar optical micro-tracking, allows to concentrate sunlight on tiny solar cells, without any tilt. This makes the use of high efficiency space-grade solar cells affordable, whereas normally there are too expensive to be spread on the full sunlit area.
14
Country: USA | Funding: $22.7M
SunDensity provides photonic solar conversion products and services.
15
Country: USA | Funding: $19.4M
Leading Edge Equipment Technologies is a developer of kerfless, single crystal silicon wafers intended to be used in solar panels.
16
Country: USA | Funding: $16.4M
Swift Solar is developing lightweight, flexible, and highly efficient solar panels based on perovskite semiconductors.
17
Country: USA | Funding: $14.4M
mPower Technology is an innovative solar cell technology startup.They are an experienced team of technology innovators and industry veterans out to shape the future of solar power around the globe.
18
Country: USA | Funding: €10M
Qcells is a utility-scale solar developer, energy storage developer, and solar EPC provider.
19
Country: Greece | Funding: €9.6M
Brite Solar produces solar-energy-generating glass that allows 80% of light to pass through, making it suitable for use in places like greenhouses, homes and office buildings, while also producing green energy.
20
Country: France | Funding: €7.1M
A welded team, always ready to help others, listen, release challenges to build the success story.
21
Country: Switzerland | Funding: $6M
SmartHelio wants to be the doctor for solar plants. We make solar plants greener using proprietary Edge sensor and intelligent software.
22
Country: USA | Funding: $4.5M
Bert Thin Films is a manufacturer of CuBert, a copper-based paste is producing working samples of the paste applied to mini-panels.
23
Country: Bulgaria | Funding: €3.5M
AE Solar Horizon produces Tier-1 photovoltaic (PV) panels
24
Country: Netherlands | Funding: $218.2K
ETC Solar commercialises the world’s highest performance front contact technology for solar cells with effectively transparent contacts (ETC). The company has developed a new way of making solar cells that are cheaper and accelerate the global adoption of photovoltaics.
25
Country: USA | Funding: $2.5M
BlueDot Photonics is committed to finding new ways to harvest, manipulate and transform light using unique materials and simple manufacturing techniques.
26
Country: USA | Funding: $500K
SoFab Inks' technology improves perovskite panels by replacing expensive photovoltaic materials with a liquified “ink.” This more cost-effective, high-performance liquid can be deposited as one of the conductive layers of a solar cell called charge transport layers that allow electrons to move and produce electricity.
27
Country: India | Funding: ₹24M
Renkube is a renewable energy startup that offers an innovative glass that increases the efficiency of photovoltaic solar panels by 20 percent.
28
Country: Israel
CrystalEn manufactures diamond-based semiconductors for solar cells. Diamond-based semiconductors are capable of increasing power density as well as create faster, lighter, and simpler devices. They’re more environmentally friendly than silicon and improve thermal performance within a device.
29
Country: USA
SolarCube provides perovskite solar cell printing technology to supply an expanding market for commercial solar panel installations and unmanned aerial vehicles.
30
Country: USA
Asoleyo is redesigning solar cells — using the artistic principles of symmetry, rhythm and line to transform the utilitarian rectangular grid of their silver electrical contacts.
31
Country: USA
Violet Power is building a fully integrated solar cell manufacturing plant in Washington state.
32
Country: Italia
Levante develops an origami-inspired solar panel deployable portable and modular designed for mobility usage to create energy anywhere you are
33
Country: Luxembourg
Maana Electric has developed a machine to locally produce solar panels for large-scale solar parks, as well as novel solutions for building integrated PV. Its systems can fit within shipping containers, allowing them to be transported to deserts across the globe and produce clean renewable energy there.
Editor: Alexander Gillet
Alexander Gillet is a senior editor for EnergyStartups. He has a deep background in energy sector and startups. Alexander graduated from Emlyon Business School, a leading French business school specialized in entrepreneurship. He has helped several non-profit organizations dedicated to promoting environmental education and sustainability and has written over 250 articles on energy technology for various websites. When he’s not writing, Romain is also a developer and has a deep historical knowledge of the computer industry for the past 50 years. You can contact Alexander at alexgillet@energystartups.com