SoloPower raises $30 million in Series B Financing to develop high efficiency, low cost solar cells
Milpitas, CA, July 12, 2007
Source: SoloPower press release
http://www.solopower.com/about/news/series_b_financing.html
SoloPower, an innovator of thin-film solar photovoltaic cells and modules, today announced the completion of its Series B financing which raised $30 million. The deal was led by new investor, Convexa Capital and supported by Scatec AS and Spencer Energy AS. Existing investors, Crosslink Capital, Firsthand Capital Management and Musea Ventures also joined the round. The new funds will support the company’s efforts to further develop, manufacture and commercialize a new generation of high-efficiency, low-cost solar cells and modules. (more…)