Tag Archives: Enki Technology

The Five Start-Ups and Mid-Size Companies of 2016 Driving Evolution of Photovoltaics

The maturation and scale of the silicon photovoltaic industry have resulted in a decline in attention from corporate and venture funding for solar-related start-ups. Mercom Capital reports a tepid $1.7 billion in corporate funding, a year-on-year drop of 71%, and $174 million in venture funding – a quarter-on-quarter drop of 57%. The drying up of available funding has led to a fairly sparse landscape of solar start-ups with a handful of remaining companies developing innovative technologies in each area of the solar taxonomy. While the quantity of start-ups has decreased as low-cost crystalline silicon panels pour out of China, the potential impact of those that remain could still prove to be as dramatic a disruptor to the solar industry as solar is to the broader power industry. In this light, Lux Research has determined five solar start-ups we spoke with this year that have achieved the most progress: Continue reading