“World’s best solar cell” poised for launch as Softbank doubles investment | |
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getfl | Date : 2019-11-13 17:31:01 Hit : 2060 |
“World’s best solar cell” poised for
launch as Softbank doubles investment The Verdict Podcast, 6th September, 2019 Exeger is developing flexible solar cells that are small and
efficient enough to be affixed to and power gadgets such as wireless headphones
and tablet computers using ambient light. The company also plans for its cells to be installed on cars,
walls, blinds, furniture and rooftops, which if it can achieve, would prove
revolutionary to both the power industry and global environmental efforts. SoftBank’s investment, which was announced today, sees the
Japanese technology giant invest $10m in Exeger, following a previous $10m
investment in March of this year. This will enable Exeger to bring its technology to market, with
its first products set for shipment in 2020, in what may prove to be a radical
offering within the consumer technology space. The company also has secured a strategic partnership with
SoftBank subsidiary SB Energy Corp, which is designed to accelerate the rollout
of Exeger’s technology globally. “The SoftBank Group is extremely happy to support the global
rollout of Exeger’s groundbreaking technology,” said Shigeki Miwa, General
Manager of SoftBank Group’s CEO Project Office. “We are confident that Exeger’s carbon positive materials will
dramatically transform people’s lifestyles and behaviour.” SoftBank has a strong track record of backing innovative technology companies,
making its investment a strong vote of confidence in Exeger’s potential to
realise its bold claims about producing the “world’s best solar cell”. “We are very excited about our collaboration with Exeger, which
has this incredible technology, aimed at promoting the fusion of energy and
information technology to help realise a more convenient and comfortable
society,” added Miwa.
Exeger has already signed its first contract and secured $25m
additional funding from Swedish pension company AMF, which, along with its
SoftBank partnership, will put it in a strong position to begin its commercial
rollout. |