Based on OSU research, Pellucere Technologies is to begin selling its soil resistant solar panel coating having previously disclosed a $3m equity investment in November last year.
Pellucere Technologies, a US-based solar panel coating manufacturer based on Oregon State University (OSU) research, has received an undisclosed sum from venture capital firm Energy Innovation Capital.
The investment took place in 2018 but was only formally announced by Pellucere yesterday.
Previously known as CSD Nano, Pellucere has devised an anti-reflective and soil resistant coating called MoreSun that helps boost the energy output of solar panels, which rely on a clean reception of sunlight to run effectively.
The coating is made with a dirt and dust resistant additive which Pellucere claims can reduce unwanted deposits of matter by up to 90%.
Pellucere will use the capital to begin commercial-scale distribution of the MoreSun coating to utility-scale solar plants in North America, Europe and Asia through unspecified solar project management partners.
The company is also working on coating products catered to windows, vehicle windshields and augmented reality applications.
Pellucere obtained $3m of a targeted $5m equity round from undisclosed investors in November 2018, though it was unclear whether this relates to Energy Innovation’s commitment.
MoreSun commercialises OSU research led by Chin-Hung Chang, a professor in the chemical, biological and environmental engineering department whose specialisms include electronic materials and thin film electronics.
Chang’s project was supported by bodies such as Oregon Nanoscience and Microtechnologies Institute, a research centre collaboration that includes OSU as well as Oregon Health and Science University, Portland State University, University of Oregon and the Pacific Northwest National Laboratory.
