GreenVolts Snags $7.5M

Fremont-based GreenVolts, a developer of concentrating photovoltaic technology, has raised $7.5M of a $11.25M debt funding round, according to a regulatory filing by the firm this week. No details on the funding have been announced by the firm. GreenVolts is backed by Oak Investment Partners, Greenlight Energy Resources and Avista Corporation. The firm most recently announced a round of funding, worth $30M, in September of 2008. More information »