Next-gen solar makers still finding funding

Despite the fact that solar panels are quickly becoming a commodity — cheap and uniform — it looks like investors are still willing to put a small amount of funding into the next-generation of solar equipment. Three startup solar makers have raised funds over the past week or so — two that make concentrating solar technology and one that makes crystalline silicon solar cells.

Last week Solexel, which uses silicon gas to make solar wafers, closed on $25 million in funding, according to a filing. Bloomberg reported on the deal and said that the funds would be used to build a pilot plant in California, which would be a testing ground for a larger commercial plant in Malaysia. Solar panel maker SunPower participated in the round, as did venture investors Kleiner Perkins, Technology Partners and DAG Ventures, reported Bloomberg.

Comments (0)

This post does not have any comments. Be the first to leave a comment below.


Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

TRA SNOW AND SUN - SOLAR TILE MOUNT

TRA SNOW AND SUN - SOLAR TILE MOUNT

You haven't installed a tile mount that is easier to install than the Solar Tile Mount manufactured by TRA Snow and Sun. Solar Tile Mount is used on all tile roof profiles: flat, mid, and high. It is made in the USA of aluminum alloy for strength and excellent corrosion resistance. Solar Tile Mount is built to allow more ease in installation with more rise from the tile surface to the rail for better air flow below panels. The adjustable base is longer than most allowing attachment 6" to the left or right to have the bracket in the base of the pan of the tile and still fasten to the rafter. Solar Tile Mount is adjustable for counter batten systems from ¾" to 3". The horizontal rail is directly above base fasteners giving greater uplift resistance than any other system. For superior waterproofing apply TRA Snow and Sun's butyl backed VersaFlash aluminum flashing. No tile flashing is needed on top of the tile for greater labor and material cost savings.