VC-backed SoloPower Seals $197M Loand from DOE

SoloPower, a maker of flexible thin film solar cells that is backed by venture firm Firsthand Technology Value Fund, has sealed a $197 million loan guarantee from the U.S. Department of Energy. San Jose, Calif.-based SoloPower will use the money to support construction and operation of three manufacturing facilities in California and Oregon, the company said.

23 August 2011•3 mins read
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