SoftBank Group Corp. (“SBG”) and Exeger Operations AB (“Exeger”) today announced entry into a definitive agreement under which SBG invests $10 million in Exeger. In a related development, SB Energy Corp. (“SB Energy”), a Japanese subsidiary of SBG, and Exeger entered into a strategic partnership agreement to accelerate the global rollout of the Exeger technology.
The Exeger solar cell works efficiently in ambient light conditions, in both artificial and natural light, with the potential to enable self-powered devices. Exeger intends to change the perception of available energy by integrating the solar cell into mass market products. It is the only solar cell that can be printed in free-form and different colors, allowing it to seamlessly enhance any product with endless power.
The LIFE project, which was carried out by Exeger Sweden AB, demonstrated the feasibility of scaling-up screen printing for the manufacture of Dye-Sensitised Solar Cells (DSC). It built a pilot line that lay the ground work for the design and construction of the world’s largest DSC factory.