The solar photovoltaic market is one of the fastest growing energy markets in the world. That growth comes amidst the race to the bottom on cell and module pricing driven by fierce supply side market competition. PV manufacturers can no longer count on economies of scale and incremental process improvements to attain profit in the face of competitive pricing pressures. Manufacturers need to differentiate their product by delivering better performance for the same or lower cost. QD Solar, a University of Toronto spinoff company, will provide this differentiation.
QD Solar’s technology combines efficient silicon solar cells with highly cost-effective infrared solar cells in a hybrid architecture to harvest more of the solar spectrum than silicon alone. At a minimum cost, the silicon solar cell efficiency is boosted by an additional 4 power points.
The basis of QD Solar’s technology is colloidal quantum dots. These materials are nanometer-sized semiconductor particles whose bandgap can be tuned from the visible to the infrared by changing the particle size. The quantum dots are processed from solution, are compatible with high-throughput, cost-effective roll-to-roll processing technologies, and are inorganic, thus inherently more light- and air-stable than polymers.
|Employees (est.) (Jan 2021)||12|
QD Solar total Funding
QD Solar latest funding size
Time since last funding
|4 years ago|
QD Solar investors
|DSM Venturing, MaRS Innovation (MI), KAUST Innovation Fund|
When was QD Solar founded?
QD Solar was founded in 2014.
Who are QD Solar key executives?
QD Solar's key executives are Dan Shea, Sjoerd Hoogland and Armin Fischer.
How many employees does QD Solar have?
QD Solar has 12 employees.
Who are QD Solar competitors?
Competitors of QD Solar include Hanergy, Solar Analytics and eSolar.
Where is QD Solar headquarters?
QD Solar headquarters is located at 661 University Ave, Toronto.
Where are QD Solar offices?
QD Solar has an office in Toronto.
How many offices does QD Solar have?
QD Solar has 1 office.
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