Caelux Secures $12M to Power Tandem Solar Glass

• Caelux, a solar technology company, secures $12 million in Series A3 funding to expand their factory, conduct research, and launch their revolutionary solar product, Caelux One, with the potential to exceed 30% efficiency and meet market requirements.

Caelux, a solar technology company, has secured $12 million in its Series A3 funding round. The investment was led by Temasek and was joined by Reliance New Energy, Khosla Ventures, Mitsui Fudosan, and Fine Structure Ventures. With this new funding, Caelux plans to expand its factory, conduct research and development, and launch its solar product, Caelux One. This product aims to exceed an efficiency of 30 percent in commercial tandem solar modules with durability that meets market requirements. Caelux CEO Scott Graybeal expressed the importance of the funding, commenting on the potential advancements in the solar energy industry offered by their perovskite technology.

What Potential Advantages Will Caelux's Perovskite Technology Offer?

• Increased Efficiency: Caelux technology offers the potential to increase efficiency of solar cells by up to 30% compared to traditional modules.
• Durability: Caelux One product has durability that meets market requirements.
• Cost Savings: Caelux technology may be able to reduce the cost of solar energy production, making it a more attractive option for businesses.
• Scalability: The product is designed to be scalable, allowing businesses to easily expand their solar energy production.
• Versatility: Caelux's technology has potential to be used in a variety of applications and can be tailored to many different customer needs.
• Environmental Benefits: By taking advantage of Caelux's technology, businesses may be able to reduce their CO2 emissions and their overall carbon footprint.