February 2010:
crystalsol awarded grant from austria wirtschaftsservice
austria wirtschaftsservice (aws) supports crystalsol with Seedfinancing of EUR 1 milion for advancing its cell technology and ramping up pilot production for photovoltaic modules at small scale

February 2010:
crystalsol selected winner of State Prize Environment and Energy Technology 2010
The State Prize for Environment and Energy Technologies awards Austrians most successful companies in the field environment and energy technologies. Due to high innovative character and huge market potential crystalsol was selected number one in the category "Research and Innovation"

press release

November 2009:
crystalsol selected Gewinn Entrepreneur of the Year 2009
Out of more than 1000 Austrian startup companies crystalsol was ranked as overall number one by a high profile jury in "Gewinn" magazine´s annual competition. In addition to the main category the Austrian Ministry of Economy also named crystalsol the winner in the High Tech category

press release

August 2009:
crystalsol OÜ receives seed financing from top VCs
crystalsol OÜ successfully closes seed financing round with strong Nordic VC consortium - Conor Venture Partners from Finland and Energy Future Invest from Norway. Download press release in English and Estonian

press release ENGLISH

press release ESTONIAN


June 2009:
crystalsol awarded grant from Enterprise Estonia

Enterprise Estonia (EAS) awards crystalsol a grant of EUR 1.5 million for applied research on the improvement of crystalsol’s semiconductor material. The project is scheduled until the end of 2010

June 2009:
crystalsol gets financial support from Austrian Research Promotion Agency
The Austrian Research Promotion Agency (FFG) supports crystalsol with EUR 400,000 for developing the core process steps of the photovoltaic module production

April 2009:
crystalsol awarded grant from austria wirtschaftsservice
austria wirtschaftsservice (aws) awards crystalsol a grant of EUR 100,000 for advanced testing and measurement of semiconductor material and photovoltaic modules

March 2009:
crystalsol among finalists of Red Herring Europe 100
crystalsol is named a WINNER of the Red Herring 100 Europe, an award given to the top 100 most promising technology companies based in the EMEA (Europe, Middle East and Africa) region each year

February 2009:
Establishment of crystalsol OG
crystalsol OG is founded by Dieter Meissner, Thomas Badegruber and Wolfgang Ressler with the focus to develop a low-cost photovoltaic module including the required production process

February 2009:
crystalsol reaches 5.9% conversion efficiency
Fraunhofer Institute for Solar Energy Systems (ISE) independently certifies a 5.9% conversion efficiency of crystalsol’s CZTS based photovoltaic cells

February 2009:
crystalsol receives Feasibility Study grant
The Austrian Research Promotion Agency (FFG) awards a grant to crystalsol to support the development of its patented module production process

November 2008:
crystalsol among winners of first Venture Lounge in Vienna
Out of 35 preselected start-up companies crystalsol wins third place in Vienna’s first Venture Lounge organized by venture capital companies Neuhaus Partners and Global Equity Partners and the PR-network European Marketing Communications

August 2008:
crystalsol becomes part of INiTs incubator
crystalsol joins INiTs, an academic business incubator in Vienna and gets vital support to build up its Austrian operations

June 2008:
Establishment of crystalsol OÜ
crystalsol OÜ is founded as spin off company of the Technical University Tallinn and registered in Tallinn, Estonia