GreenVolts Gets $35M
Fremont-based GreenVolts, the developer of concentrating photovoltaic (CPV) sytsems, has raised $35M in funding round, according to strategic investors ABB. ABB said it invested $20M as part of a new, $35M funding for Greenvolts, giving it a "substantial" minority stake in the company. GreenVolts ie haded by David Gudmundson, and develops concentrating solar power systems being used in power plants.
posted on Wednesday, December 14, 2011 (Link to more information)
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