MiaSolé

What MiaSolé does

MiaSolé develops and manufactures flexible Copper Indium Gallium Selenide (CIGS) thin-film photovoltaic cells and modules deposited on stainless steel foil using a proprietary roll-to-cell sputtering process. Founded in 2004 in Silicon Valley, the company has accumulated over 200 invention patents worldwide and holds verified world records including 17.5% production module efficiency at its Sunnyvale facility, 18.64% large-area flexible module efficiency (confirmed by Fraunhofer ISE in 2019), and a 26.5% tandem cell efficiency achieved in collaboration with Solliance in 2021. The product portfolio centers on the FLEX module series (FLEX-N for metal roofs, FLEX-W for membrane roofs, FLEX-M variants) delivering up to 530W per module at 0.7 lb/ft² weight, the SolarRide transportation solution, Aurora consumer chargers, and the Hanergy-branded Hantile solar roof tile. Certifications span UL 1703, UL 790 Class A over TPO, IEC 61646/61730/61701, Korea KS, and Miami-Dade NOA — the only flexible solar PV approved under the stringent Florida Building Code.

The company operates multiple revenue streams: hardware sales of solar modules and cells, turnkey CIGS factory equipment lines ranging from 30MW to 300MW annual capacity, proprietary CIG sputter targets, engineering consulting and spares management services, and consumer charging products. MiaSolé is a wholly-owned subsidiary of Hanergy Mobile Energy Holding Group, with R&D and headquarters in Santa Clara, CA, manufacturing through MiaSole Solar Technology (Shanghai) LTD, and sales coverage across North America (via Flex PV Corp), Korea (via Jytechsolar), and global transportation markets (via TRAILAR partnership, 10,000+ vehicles installed across five continents). The customer base spans commercial roofing integrators, automotive OEMs (Renault Trucks, DHL), construction firms (CBRE, 3M, BlueScope Steel), government and utilities (US Geological Survey, Kahramaa), and high-visibility projects including the Paris 2024 Olympic Athletes' Village. Go-to-market is direct enterprise sales with quote-based pricing, multi-year contracts, and event-driven demand generation through trade shows such as SOLUTRANS and Greenbuild China.

Name

MiaSolé

Legal name

MiaSolé Hi-Tech Corp.

Website

https://miasole.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

501–1,000 employees

Short description

MiaSolé develops and manufactures flexible Copper Indium Gallium Selenide (CIGS) thin-film solar cells and modules on stainless steel foil, serving commercial roofing, transportation, and consumer markets with proprietary turnkey production equipment and global channel partners.

Ownership category

akta.pro rank

Product category

Thin-Film Solar Technology

NAICS

Other Communication and Energy Wire Manufacturing (335929)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

Solar PV Module Manufacturing (Cells, Modules, Thin-Film) (EUAMABAD)

Keywords

• Flexible thin-film solar
• CIGS photovoltaic panels
• Solar manufacturing equipment
• Building-integrated photovoltaics
• Roll-to-cell sputtering

Headquarters

HQ city

Santa Clara

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Solar Modules and Cells: Sale of lightweight, flexible CIGS solar cells and FLEX module series including FLEX-N, FLEX-M, FLEX-W, and custom modules
2. Turnkey Factory Equipment: Sale of turnkey CIGS production lines for solar cell and module manufacturing, including front-end roll coater and sheet-to-cell equipment, back-end assembly equipment, and test equipment
3. CIG Target Manufacturing: Sale of proprietary high-purity rotary sputter targets for CIGS thin-film deposition
4. Consulting Services: Engineering, training, and consulting services from design through production, including installation support and troubleshooting
5. Spares Management: Equipment maintenance and spare parts lifecycle management to keep customer factories running
6. Consumer Chargers: Portable solar charging products including Aurora Charger series (12W, 24W, 48W, 97W) for consumer devices

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

MiaSolé develops and manufactures lightweight, flexible Copper Indium Gallium Selenide (CIGS) thin-film solar cells and modules deposited on stainless steel foil via a proprietary roll-to-cell sputtering process. The company sells its FLEX module series (FLEX-02N/W, FLEX-03N/M/W) for commercial roofing, transportation, marine, and consumer applications, alongside the SolarRide vehicle solar solution and Aurora portable chargers. It also licenses its technology through turnkey CIGS factory equipment lines (30–300 MW), proprietary sputtering targets, and engineering/training services.

Product overview

MiaSolé is a provider of lightweight, flexible, and powerful CIGS (Copper Indium Gallium Selenide) thin-film solar technology. The product portfolio centers on the FLEX module series including FLEX-N (for metal roofs), FLEX-W (for membrane/TPO roofs), and FLEX-M variants, delivering 70W-530W power output with 16-17.5% efficiency. The SolarRide transportation solution addresses vehicle auxiliary power needs, while the Aurora Consumer Charger line serves portable charging applications. The Hantile Solar Roof Tile extends the technology into building-integrated photovoltaics. The company also provides turnkey CIGS manufacturing equipment and proprietary sputtering targets for customers producing their own high-efficiency solar products.

Differentiator

Problem solved

Functional benefit

Products and services

• FLEX-03W Flexible Solar Module Highest-efficiency MiaSolé CIGS flexible thin-film module delivering up to 530W per unit, with peel-and-stick installation designed for TPO/EPDM membrane roofs and carports.
• FLEX-03N Flexible Solar Module CIGS-based flexible thin-film PV module with >17% cell efficiency and peel-and-stick adhesive, designed for standing-seam metal roofs.
• FLEX-03M Flexible Solar Module Flexible CIGS thin-film module in 350W–390W power class with 17.5% aperture efficiency, designed for TPO and EPDM membrane roofs.
• FLEX-02N Flexible Solar Module Flexible thin-film CIGS module in the 115W–130W power class with 16% aperture efficiency, designed for standing-seam metal roofs.
• FLEX-02W Flexible Solar Module Flexible CIGS module in the 340W–370W power class designed for TPO membrane roofs with peel-and-stick installation.
• SolarRide Transportation Solution Vehicle solar solution bundling flexible MiaSolé CIGS modules with a charge controller to provide auxiliary power, battery charging, and reduced fuel consumption in trucks, vans, RVs, and trailers.
• CIGS Flexible Solar Cell High-efficiency copper indium gallium selenide (CIGS) solar cell deposited on stainless steel foil, ~17% efficiency, lightweight, flexible, and customizable in form factor for OEM integration.
• Aurora Consumer Charger Portable solar chargers available in 12W, 24W, 48W, and 97W variants with lightweight flexible CIGS cells, shatterproof design, and USB output for consumer electronics.
• HanTile Solar Roof Tile Building-integrated photovoltaic roof tile encapsulating flexible MiaSolé CIGS cells in ultra-clear float glass, offering 16.5% efficiency and thermal insulation for residential and commercial buildings.
• Turnkey CIGS Factory Equipment Complete turnkey CIGS production lines including front-end roll coater, sheet-to-cell equipment, back-end assembly, and test equipment, with annual capacities ranging from 30 MW to 300 MW.
• CIG Sputtering Targets Proprietary high-purity rotary sputter targets with alloyed CuInGa compound composition, supporting high-efficiency CIGS thin-film solar cell manufacturing.
• Custom FLEX Modules Customizable flexible CIGS modules in various widths and lengths spanning 72W–288W power classes for specialized applications.

Quantifiable outcome

• 20% lower BOS costs than traditional glass solar systems
• +6 more outcomes

Named customers17 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Eight partnerships are on record, tiered core and major.

• SolarClothcoreStrategic or Co-development Partner · 7 August 2024Joint partnership for rollable CIGS solar technology deployment. SolarCloth provides the installation and integration expertise while MiaSolé provides flexible CIGS technology. Collaboration produced the 1200 sqm solar-powered athletes' coach station for Paris Olympic Games Athletes' Village, reducing carbon footprint more than 50% compared to traditional silicon solutions.
• TRAILARcoreStrategic or Co-development Partner · 10 April 2024Continued joint global partnership offering market-leading solar transportation solutions. TRAILAR extends MiaSolé's CIGS technology to UK and worldwide markets with over 10,000 vehicles equipped. TRAILAR provides end-to-end solar solutions with 2 patents and years of independent validation. Partnership enables TRAILAR customers to receive authentic superior quality CIGS modules.
• Solar Cloth SystemsmajorTechnology or Integration · 1 November 2021Technology development partnership creating shatterproof solar technology for vehicles. Solar Cloth Systems specializes in embedding flexible photovoltaics into tailor-made solutions. Original solar sail technology was developed through collaboration with MiaSolé's stainless steel-based CIGS flexible technology.
• ArteZanosmajorTechnology or Integration · 1 June 2021Collaboration on flexible solar PV development resulting in ArteZanos Flexible Solar PV achieving Miami-Dade NOA approval (first US 'Solar Roof' approval). MiaSolé provides CIGS technology while ArteZanos provides integration with their hybrid roofing systems. The product qualifies for 26% federal solar tax credit.
• Solliance Solar ResearchcoreTechnology or Integration · 1 February 2021Research collaboration between MiaSolé and Solliance (public-private partnership including imec, TNO, and TU/e) achieving world record 26.5% tandem solar cell efficiency. Solliance provides perovskite solar cell expertise while MiaSolé provides CIGS bottom cell technology. The collaboration combined flexible perovskite top cell with flexible CIGS bottom cell for complementary bandgaps.
• Fraunhofer ISEmajorTechnology or Integration · 1 September 2019Independent third-party testing and certification of MiaSolé's world record 18.64% large area flexible PV module efficiency. Fraunhofer ISE is Europe's largest solar research institute providing credibility to performance claims.
• Flex PV CorpcoreChannel Partner/ Reseller/ DistributorExclusive North America sales contact for MiaSolé flexible solar modules. Handles sales inquiries, product information, and customer support for North American market.
• Jytechsolar Co., LTDmajorChannel Partner/ Reseller/ DistributorKorea sales representative for MiaSolé products. Provides local sales support and customer engagement for Korean market.

Scale indicators17 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Solar Frontier: Japanese CIS (copper indium selenide, related to CIGS) thin-film module manufacturer with utility-scale and commercial rooftop products. Directly comparable thin-film chemistry and rooftop focus, though historically rigid-format rather than flexible.
• Flisom: Swiss manufacturer of flexible CIGS solar modules on polymer substrates for building-integrated and vehicle-integrated PV. Directly comparable flexible CIGS technology and use-case focus, though at earlier commercialization stage.
• Ascent Solar Technologies: US-based CIGS flexible thin-film solar manufacturer producing lightweight modules for aerospace, defense, and consumer applications. Closest technology analog to MiaSolé's flexible CIGS cell architecture, though at much smaller scale.
• Sunflare: US-based producer of flexible CIGS thin-film solar panels targeting commercial rooftop and transportation applications. Directly comparable product offering (lightweight flexible CIGS) and overlapping go-to-market segments.
• First Solar: Largest thin-film solar manufacturer (CdTe), producing utility-scale modules. Closest scale and category analog to MiaSolé in thin-film PV manufacturing, though using CdTe rather than CIGS chemistry and targeting ground-mount utility rather than flexible/rooftop.

Emerging players

• SoloPower Systems: Former flexible CIGS manufacturer (Portland, OR) that filed bankruptcy and re-emerged; direct historical analog of the flexible CIGS business model MiaSolé operates, illustrating the capital-intensity risk of the category.
• Oxford PV: UK/Germany perovskite-silicon tandem solar cell manufacturer pursuing the highest-efficiency commercial PV. Comparable technology-frontier positioning to MiaSolé's tandem work and a future competitive threat in high-efficiency segments.
• Heliatek: German manufacturer of organic (OPV) flexible solar films for building facades and rooftops. Adjacent technology (organic rather than CIGS) but the same flexible form-factor thesis and BIPV target market.

Broad incumbents

• Hanergy Thin Film Power: MiaSolé's parent company and broader thin-film solar group offering multiple thin-film technologies (CIGS via MiaSolé and Solibro, GaAs via Alta Devices, etc.) and HanTile BIPV products. Most directly comparable at the holding-company level and through shared manufacturing in China.
• SunPower (Maxeon): Premium high-efficiency crystalline silicon solar manufacturer. Comparable high-efficiency positioning and premium-residential/commercial rooftop channels, though rigid-form factor rather than flexible.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCz6fnNlEL79RkAqBxPGTMlg
• Xx.com/miasolesolar
• Facebookfacebook.com/miasolehitechcorp
• LinkedInlinkedin.com/company/miasole

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

Funding overview

Funding rounds7 records

Investors9 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MiaSolé