Tata Group invested in PV module producer Flisom

Tata Group invested in PV module producer Flisom
Tata group recently invested in Flisom (Flexible and lightweight solar modules), a Swiss company developing technologies for manufacturing of flexible thin film CIGS solar modules, to mark its interest in the solar photovoltaic industry and focus on developing the next generation of clean energy as a future growth area.
Flisom has raised a substantially large investment  to further develop its technology and build a production plant with an annual capacity of 15MW in Switzerland. Besides securing financial backing, Flisom also signed an agreement with Empa, the Swiss federal laboratories for materials science and technology, to provide research and development support on high-efficiency flexible CIGS solar cell technology.
Flisom’s third funding round was completed with participation from a Swiss investor along with Flisom’s existing strategic investor Tata.
“This new investment marks investors’ satisfaction with Flisom’s progress towards the development of industrial manufacturing technology for roll-to-roll production of flexible solar modules. The 15MW plant will serve as a blueprint towards the establishment of larger-scale plants to manufacture flexible solar modules at low cost,” said Flisom’s interim CEO Marc Kaelin. “Flisom’s technology shows strong potential in helping solar electricity become affordable.”
K R S Jamwal, Executive Director, Tata Industries. “The funding will enable Flisom to purchase equipment and hire more experts to convert an innovative Swiss technology into an industrial reality.”

Click to comment

You must be logged in to post a comment Login

Leave a Reply

Tata Group invested in PV module producer Flisom

Tata Group invested in PV module producer Flisom
Tata group recently invested in Flisom (Flexible and lightweight solar modules), a Swiss company developing technologies for manufacturing of flexible thin film CIGS solar modules, to mark its interest in the solar photovoltaic industry and focus on developing the next generation of clean energy as a future growth area.
Flisom has raised a substantially large investment  to further develop its technology and build a production plant with an annual capacity of 15MW in Switzerland. Besides securing financial backing, Flisom also signed an agreement with Empa, the Swiss federal laboratories for materials science and technology, to provide research and development support on high-efficiency flexible CIGS solar cell technology.
Flisom’s third funding round was completed with participation from a Swiss investor along with Flisom’s existing strategic investor Tata.
“This new investment marks investors’ satisfaction with Flisom’s progress towards the development of industrial manufacturing technology for roll-to-roll production of flexible solar modules. The 15MW plant will serve as a blueprint towards the establishment of larger-scale plants to manufacture flexible solar modules at low cost,” said Flisom’s interim CEO Marc Kaelin. “Flisom’s technology shows strong potential in helping solar electricity become affordable.”
K R S Jamwal, Executive Director, Tata Industries. “The funding will enable Flisom to purchase equipment and hire more experts to convert an innovative Swiss technology into an industrial reality.”

Click to comment

You must be logged in to post a comment Login

Leave a Reply

Most Popular

To Top