Equinor Ventures invests in Boston solar cleaning technology start-up
- Equinor Ventures today said it has invested seed financing in Sol Clarity, a United States start-up supplying cleaning technology for solar panels.
The business venture capital arm of Norwegian power group Equinor (NYSE: EQNR) has made a convertible note financial investment as part of Sol Clarity's USD-920,000 (EUR 924,000) Seed I moneying round. The funds will certainly help Sol Clarity bring its patented technology, the Electrodynamic Screen (EDS), to the market.
Sol Clarity is a spin-off from Boston University. Its technology offers water-free, automated, non-contact cleaning. It represents rows of conductive parallel electrodes that charge dirt particles with fixed electrical power and sweep them off with a produced taking a trip electric wave, Equinor explains. According to the Norwegian business, the technology can help increase solar plants' energy return as well as growth usefulness and lower their operating costs.
Techstars likewise participated in the funding round, according to a Sol Clarity message on LinkedIn.