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MUNICH, Germany — Intel has invested €24 million (about $37.5 million) into Berlin-based solar module manufacturer Sulfurcell GmbH. The company produces monolithic solar modules that feature a high efficiency. The move is part of Intel's clean tech investment strategy. Intel's investment that is executed via the company's VC unit Intel Capital. The microprocessor vendor is the largest single investor in Sulfurcell. The current financing round allocates a total sum of €85 million. The list of the investors include Climate Change Private Equity, semiconductor production engineering company M+W Zander, Swedish electric utility Vattenfall's VC arm Europe Venture Capital, and the Berlin-based Hahn-Meitner Institute (HMI) of which Sulfurcell is a spin-off. For its thin film modules, Sulfurtech uses materials of the CIS/CIGSe... [read full story]
