Xunlight Corporation
Private | |
Fate | defunct |
Founded | 2002 (as Midwest Optoelectronics, LLC) |
Headquarters | Toledo, Ohio, U.S. |
Website | http://www.xunlight.com |
Xunlight Corporation was a venture-backed advanced technology company that specialized in the development of high-performance, flexible, and lightweight solar modules. Founded in 2002, the company was established to commercialize solar technology that was developed the University of Toledo's Thin Film Silicon Photovoltaic Laboratory. Xunlight used a high-speed roll-to-roll manufacturing process to develop thin-film silicon-based photovoltaic solutions.[1] In 2014, the company filed for bankruptcy.[2]
2002-2007: From Founding to Factory
January 2002
Midwest Optoelectronics, LLC (MWOE) was established to commercialize technologies developed at the University of Toledo.
May 2003
MWOE receives its first grant from DOE SBIR.
January 2006
MWOE and UT reach an exclusive license agreement for four sets of technology portfolios developed in the Thin Film Silicon Photovoltaic Laboratory.
April 2006
Xunlight (aka: MWOE Solar) was formed and all MWOE operations were reorganized into Xunlight.
May 2007
Xunlight receives Series A investment of $7 million.
July 2007
Xunlight moves its headquarters from the incubator at the University of Toledo to a 122,000 sq. ft. manufacturing facility at 3145 Nebraska Ave.
2008
April
Xunlight receives Series B investment of $33 million.
June
Xunlight receives $5 million grant from Ohio Department of Development.
Xunlight demonstrates first solar cell deposition on 2MW roll-to-roll pilot production line.
December
Xunlight receives $7 million loan from the State of Ohio.
2009
June
Xunlight successfully completes the installation and demonstration of its 25MW high-throughput, wide-web, roll-to-roll photovoltaic manufacturing process.
September
Xunlight delivers and installs its first shipment of solar modules to its first customer, the University of Toledo.[3]