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The Nanosolar company just raised 100 million in additional funding to build a manufacturing plant. These guys have developed a 'semi-conductor ink' , and will be producing thin film panels at the same volume as your newspaper gets printed:
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"Nanosolar's solar electricity panels deliver unparalleled cost efficiency, enabling customers to use green power without paying more. With its proprietary nanoparticle ink and fast roll-printing technology, Nanosolar owns the processes and designs to produce the world's most cost-efficient solar cells and make them available in many versatile product forms. The company's headquarters are in Palo Alto, California, with European operations based in Berlin, Germany."
Just look at who has plunked down over 140 million in financing:
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Nanosolar is a privately held company with financial backing from an elite group of private technology investors, including:
* Benchmark Capital -- the venture firm behind such franchise companies as eBay, Handspring, Juniper Networks and Red Hat Software;
* MDV - Mohr Davidow Ventures -- the venture firm behind such leading companies as Rambus, Epigram, FormFactor, and Agile Software;
* SAC Capital -- one of the world's leading public/private investment funds;
* GLG Partners -- one of the world's leading public/private investment funds;
* Swiss Re -- the world's leading and most diversified reinsurer;
* Grazia Equity -- the original backer of Conergy AG, the world's largest PV system integrator;
* Mitsui & Co., Ltd. -- Japan's oldest and largest international trading company with over 300 years of business presence in the world and more than $100 billion in annual business;
* OnPoint Technologies -- the US Army's private equity fund;
* Stanford University -- the place where many of our team members received their education;
* Individual investors including Martin Roscheisen, Sergey Brin, Carl & Larry Page, Jeff Skoll (via Capricorn Management), Klaus Tschira (via FirstVentury), Dietmar Hopp, and Christian Reitberger.
Nanosolar is presently not accepting new capital.
nanosolar.com
If you can watch a video file, there is a link to a CNN report on the above web page. |
