Hostplus is proud to invest in Swift Solar, a US start-up that’s developing lightweight and flexible solar cells.
Photo credit: Swift Solar
Swift Solar’s international team (its founders are from the Netherlands, Austria, Australia, the United Kingdom, and the United States) has invented new technology using perovskite. Perovskite is a cheap and plentiful light-absorbing mineral that can be more efficient, more affordable, and more scalable than solar technologies in use today.
Motivated by the need to address the challenges of climate change, the company is well-positioned to initially serve high-value markets such as aerospace, electric vehicles and telecommunications. If successful, it could bring the lowest-cost source of zero-carbon electricity to the world.
As one of the largest Australian investors in venture capital, Hostplus has invested in projects like Swift Solar that aim to build more efficient and more affordable solar products.1
Read more about our position on climate change.
1. Source: Swift Solar
The information in this article is correct as at time of publication.
This information is general advice only and does not take into account your personal objectives, financial situation or needs. You should consider if this information is appropriate for you in light of your circumstances before acting on it. Please read the relevant Hostplus Product Disclosure Statement (PDS), available at hostplus.com.au/pds before making a decision about Hostplus. For a description of the target market, please read the Target Market Determination (TMD), available at hostplus.com.au/ddo.
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