Amonix Ties With Solar Cell Developer

Seal Beach-based concentrating photovoltaic (CPV) systems manufacturer Amonix has tied with Solar Junction, a developer of high-efficiency solar energy cells, the two said today. According to the two companies, Amonix and Solar Junction are in a collaboration which will combine the Amonix module technology with Solar Junction's solar cell technology. The two said the deal will help increase efficiency of the Amonix products, and help lower costs. Solar Junction, which is backed by New Enterprise Associates, Draper Fisher Jurvetson, Advanced Technology Ventures, and IQE, said it is developing highly efficient solar cells specifically for CPV applications.