Solaria Beams In $50M
Fremont, California-based Solaria, a company developing solar modules, said today that it has raised $50M in a Series C round. the funding came from Q-Cells AG, a manufacturer of solar cells, and also included Sigma Partners, NGEN, and Moser Baer. Solaria said that the funding deal comes along with a solar cell supply agreement which will give it access to 1.35 GW in cells over the next ten years. Solaria is developing solar modules based on optical concentrators.
posted on Monday, July 23, 2007 (Link to more information)
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