Toronto’s QD Solar acquired by SunDensity

▤ Summary

SunDensity has acquired Toronto-based QD Solar and renamed it SunDensity Canada. The deal combines both companies’ solar efficiency technologies, including a perovskite-based solar cell layer and SunDensity’s coatings for panels, windows, and glass. The combined technology aims to push solar panel efficiency into the mid-40% range. The companies are still finalizing commercialization plans, so the acquisition sets up the next phase of market execution.

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