Developer of Concentrator Photovoltaic cell technology GreenVolts raises $10m in Series A funding
Source: Semicondcutor-Today.com / 3 November 2007
http://www.semiconductor-today.com/news_items/NEWS_2007/NOV_07/GREENVOLTS_131107.htm
GreenVolts Inc of San Francisco, CA, USA, which has developed concentrator photovoltaic (CPV) cell technology, announced that it has secured $10m in a Series A funding round led by Greenlight Energy Resources Inc, an operator of renewable energy projects and an investor in early-stage renewable energy companies, and involving Pacific Northwest energy production, transmission and distribution company Avista Corp as well as several other investors. The funding was announced at the end of October at the annual California Cleantech Open (CCTO awards) ceremony in San Francisco, where GreenVolts received the 2007 CCTO Alumni award for progress in customer acquisition and funding (after being the winner in the renewable energy category last year).
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