secures investment to make solar panels glare-free and more efficient
Summary
"This funding will allow us to advance our research and bring this breakthrough technology to market, expected by the end of 2023, to make solar energy a practical and efficient option for all. The technology has the potential to significantly increase the efficiency of solar modules and make them a preferred option for homes, businesses and even large-scale power generation," said Christian M\xfcller, Member of the Executive Board of EIT InnoEnergy and CEO for the DACH region. That is why we are excited to support the KIT spin-off Phytonics in its unique solution for completely glare-free modules that also convert light into electricity much more efficiently", says Dr. Katharina Peters, Investment Manager at HTGF. In addition, HTGF has already successfully sold shares in more than 160 companies.Fund investors in this public-private partnership include the German Federal Ministry for Economic Affairs and Climate Action, KfW Capital and the Fraunhofer-Gesellschaft along with over 40 companies from a wide range of industries.Being The Research University in the Helmholtz Association, creates and imparts knowledge for the society and the environment. Innovation efforts at KIT build a bridge between important scientific findings and their application for the benefit of society, economic prosperity, and the preservation of our natural basis of life.