Solar is hot, but some industry sectors are hotter than others

The 28 solar startup deals in the fourth quarter of 2016 represented a two-year high, driven by declining prices and national pledges to renewable power.

CB Insights identified at least four distinct buckets of deals. Among installers of solar panels, PosiGen in Louisiana raised $20 million.

Solar cell manufacturer Heliatek, based in Germany, raised a $47 million Series D round.

D.light, a producer of solar-powered products, raised $15 million in Series D financing in 2016 and an additional $5 million in January.

Among energy storage solutions, salt-water battery maker Aquion Energy raised $33 million in a Series F round.

Altogether, solar cell technology companies attracted the most investors.

Solar sidenote: Veterans make up nearly one in 10 solar workers in the U.S. The solar sector has committed to hiring 50,000 vets by 2020.


Previous articleNasa discovers new solar system
Next articleOn-Screen Fingerprint Sensor Smartphones Will Debut This Year, Says CruicialTec
Electronics Media is an Indian electronics and tech journalism platform dedicated for international electronics and tech industry. EM covers news from semiconductor, aerospace, defense-e, IOT, design, tech startup, emerging technology, innovation and business trends worldwide. Follow us on twitter for latest update in industry.