Infi Solar Received Tens of Millions of Yuan in Angel Round Financing

PVTIME – Infi Solar, a cutting-edge company established on February 16, 2022 focuses on the R&D of perovskite solar cells, announced that it has received an angel financing of tens of millions yuan, of which the investors include Glory Ventures, Vlight Capital, Country Garden Venture Capital and so forth. And the funds will be used for its expansion of R&D, to build test lines for large-size perovskite solar cells and to be ready for mass production.

“The company expects to complete the test lines in Q3 this year and to achieve the mass production of large-size solar module with efficiency higher than 20% by the end of the year,” said Liang Zuo, founder and CEO of Infi Solar. “Then the company plans to build a pilot line with production capacity of 10MW, and optimizing the processing, training technicians and setting up standardized operating procedures, to prepare for the mass production lines with production capacity of 100MW in 2024 and further expansion.”

Share