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Nanosolar secures US$20m for expansion

Nanosolar, which specialises in solar thin-film printing, has secured US$20 million to fund continued expansion as well as newly committed projects.

By Kari Williamson

“This represents the beginning of an exciting new period of growth for Nanosolar,” says Nanosolar CEO Eugenia Corrales. “With our team firmly entrenched, we will be unveiling new projects and new partners as part of our commitment to deliver the industry’s lowest cost thin-film solar solution.”

Current investors Mohr Davidow Ventures and OnPoint Technologies, Inc. participated in the round with new investor aeris CAPITAL.

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Photovoltaics (PV)  •  Policy, investment and markets

 

Comments

ANNE KIRBY said

22 February 2012
Investing in a technology that uses rare metals (CIGS) seems like heading in the wrong direction to me. This very publication has an article on the renewables industry suffering from a rare metals shortage.

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