Rochester New York based SunDensity is raising $15,000,000.00 in New Equity Investment.
Rochester, NY – According to filings with the U.S. Securities and Exchange Commission, SunDensity is raising $15,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Shefali Patel played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About SunDensity
We produce Photonic Smart Coatings (PSC) for utility solar power producers who need to reduce the cost of energy, our nano-optical coating improves solar output by 20% more than other coatings for solar panels thus propelling solar energy adoption into the next generation of clean power. Photonic processes are inefficient. The spectrum of incoming white light does not match what is best for the device. PSC provides more energy at the optimum wavelength to give 20% increased efficiency! PSC contains multiple layers that shifts the ultraviolet (more blue) photons into the infrared (more red)using localized surface plasmon resonance (LSPR). See the PSC shifting the wavelength of light here. (PSC) is a multilayered coating laid on top of a glass substrate via magnetron sputtering. This is accomplished by creating a plasma to shoot materials (metals, oxides, etc) onto the glass using a physical vapor deposition (PVD) chamber, creating layers that interact with light. Careful work was done to verify the Photonic Smart Coating on a nano scale. Here a Zeiss Scanning Electronic Microscope (SEM) from the University of Rochester is being used to scan for the characteristic PSC nanoparticles that are created from a heat reaction on the multilayer waveshifting technology. SunDensity plans to set up a manufacturing plant in Rochester, NY increasing employment and economic growth of the Rochester Community.
To learn more about SunDensity, visit http://sundensity.net/
Contact:
Shefali Patel, Chief Executive Officer
617-642-1767
shefali@sundensity.net
https://www.linkedin.com/in/shefali-patel-53780916/
SOURCE: http://www.intelligence360.io
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