HelioVolt is a manufacturer of high efficiency thin film solar modules using a disruptive vacuum and liquid CIGS technology. They have demonstrated a 12.3% efficient production module and average efficiencies over 11.7%. The company aims to lower costs to $0.52/watt manufacturing cost and $0.36/watt capital cost at a 1GW scale. HelioVolt has an extensive intellectual property portfolio and works with NREL to further develop their technology with a roadmap to achieve over 16% module efficiencies by 2014. The company is led by an experienced management team with backgrounds in the solar industry.