SunPower Announces Initial Public Offering SPWR Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : SunPower Announces Initial Public Offering SPWR

SPWR 1.720

+6.2%

Nov 5 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jim Oravetz who wrote (20)	9/22/2006 9:17:59 AM
From: Jim Oravetz	Read Replies (1) of 196

SemiOT:Solar Startup Lands $22M in Funding By Colleen Taylor -- 9/21/2006 Electronic News Alternative energy is showing no signs of cooling down, as more support of solar energy came to light this week when Solaria, a Fremont, Calif.-based solar technology company, sealed the deal on $22 million in series B financing. The funding round includes investments from venture capital firms Sigma Partners and NGEN Partners; Q-Cells AG, an independent manufacturer of crystalline silicon solar cells; and Moser Baer, India's largest manufacturer of removable optical storage media. Solaria claims that its technology platform allow the solar industry to produce two to three times the number of photovoltaic (PV) modules from the same amount of silicon material used in today's conventional modules. "This infusion of capital will help us to achieve Solaria's goal of enabling low-cost, high efficiency PV modules and systems for our customers," Solaria's CEO, Suvi Sharma said in a statement. "We are currently working with select commercialization partners and are on schedule to enter high-volume production in 2007." Solaria said its new form of low-concentration solar PV technology is immensely scalable. By modifying equipment used in the mass fabrication of computer chips and other semiconductor-based products, Solaria's technology can enable the acceleration of solar PV module production to meet the rapidly increasing worldwide demand for solar power. The industry's interest in solar energy has been on the rise of late, due in part to rising oil prices. In June, PV solar electricity technology company Nanosolar Inc. received more than $75 million in funding. And it's not just startups that are playing the solar game: Earlier this month, Applied Materials Inc. outlined its strategy to enter the solar PV equipment market.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next