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April 02, 2015 4:21 AM ET

Semiconductors and Semiconductor Equipment

Company Overview of Solexel, Inc.

Company Overview

Solexel, Inc. develops, manufactures, and sells solar cells and photovoltaic modules for residences, commercial entities, large-scale power generators, and utility-scale market segments. It offers ultra-thin crystalline silicon solar cells and modules for photovoltaic electricity generation applications. The company offers its products through distributors. Solexel, Inc. was formerly known as Soltaix LLC and changed its name to Solexel, Inc. in November 2007. The company was founded in 2005 and is based in Milpitas, California.

1530 McCarthy Boulevard

Milpitas, CA 95035

United States

Founded in 2005

Phone:

408-240-3800

Fax:

408-433-0391

Key Executives for Solexel, Inc.

Chief Executive Officer, President and Director
Age: 53
Founder, Executive Chairman, Chairman of Advisory Board and Chief Technology Officer
Acting Chief Financial Officer and Chief Sales & Marketing Officer
Vice President of Module Engineering & Global Operations
Vice President of Business & Operations Development
Compensation as of Fiscal Year 2014.

Solexel, Inc. Key Developments

Opus Bank Lends USD 25 Million to Solexel, Inc

Opus Bank announced that it has provided about USD 25 million in senior debt financing to Solexel Inc. The company will use the fresh funds to complete work on its factory in Milpitas, California. A portion will also go for general corporate purposes.

Applied Nanotech Signs Joint R&D and Strategic Cooperation Agreement With Sichuan Yinhe Chemicals Co. and Solexel, Inc

Applied Nanotech Holdings, Inc. announced the signing of a joint research, development and cooperation agreement with Sichuan Yinhe Chemical Co., Ltd. (YHCC) and Solexel, Inc. (Solexel). The agreement relates to the novel solar paste technology being jointly developed and commercialized by the parties. This three way agreement between APNT, Solexel, and YHCC will complete the development and commercialization of APNT's proprietary aluminum paste to achieve an efficiency of over 22% in Solexel's unique thin silicon solar cells. Solexel intends to begin volume manufacturing of solar cells in 2014. APNT will transfer the paste technology to YHCC to produce the material for Solexel's products. Based on this agreement, the three parties will also build a strong market-application based, strategic relationship that will be benefit the PV industry.

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