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SolarWat
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SolarWat is an Israeli startup that developed innovative, proven, patent protected solar panel technology, that provides 10% higher power yield, double PV panel life span, 12 times less energy deration at a 7% lower system cost per watt

Founded in 2011
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Company type Private Public ()
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Industry Group energy & power

Sector solar

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Israel Ganey Tikva, Israel
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Updated by Dov Vatelmacher at SolarWat ltd. on 01/30/2019

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Date Company
03/29/2018

Hevel Solar Hevel Solar

SolarWat has a signed MOU and successful POC with R&D Center TFTE LLC (Hevel Solar) to develop mass production process for the manufacturing of SolarWat innovative panels. Developing mass production line for SolarWat’s panels opens the huge Russian market for our technology. HEVEL will participate in installation of solar systems for connection 50% of Russian territories to central grid.

Confirmed by Hevel Solar

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IPO INFORMATION

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Date Investors Type Amount
03/01/2016 Galey Moshe Galey Moshe (1)
Post-money valuation of
Seed $3,500,000
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SolarWat PV Module

The SolarWat technology based on an Innovative Solar Panel that provides significantly higher energy yield under most possible conditions, double system lifespan, higher ROI at low system cost per watt. The SolarWat system was tested and proven by Fraunhofer Institute (Germany) and the RETC (USA) and demonstrated significantly higher power yield of hundreds percent compared to basic PV.

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