Press for Stion
Stion, a leading manufacturer of high-efficiency thin-film solar modules, today announced a $130M equity investment led by AVACO and Korean private equity funds. Existing investors Khosla Ventures, Taiwan Semiconductor (through VentureTech Alliance), Lightspeed Venture Partners, Braemar Energy Ventures, and General Catalyst Partners all participated in the round.
Thin film solar startup Stion has raised a massive $130 million round of funding led by Korean investors. Looks like the days of investors pumping money into thin film solar startups aren’t yet over.
Eyelit Inc., a manufacturing software provider for visibility, control, and coordination of manufacturing operations for the aerospace & defense, discrete electronics, semiconductor, and photovoltaic (solar) industries, announced today that Stion, a manufacturer of high-efficiency, thin-film solar panels, has implemented Eyelit’s Solar Edition™ manufacturing software to support its PV module production.
Stion, a manufacturer of high efficiency thin-film solar modules, today announced that the National Renewable Energy Laboratory has verified 14.1% efficiency for its production-scale (65 cm x 165 cm) thin-film circuits. This is the highest efficiency ever demonstrated for a monolithically integrated thin-film circuit at production scale.