Solar concentrating firm Soliant raises USD21m

Wed Oct 15 2008, 17:32 PM

Californian solar concentrating firm Soliant has raised USD21m in a funding round led by Convexa Capital that included a USD2.5m investment from GE Energy Financial Services. Previous backers RockPort Capital Partners, Nth Power, Trinity Ventures and Rincon Venture Partners also participated. The company hopes to open a 40MW factory producing its concentrating systems in Tijuana, Mexico, late next year, after which the firm will begin shipping the devices for rooftops of commercial premises.

Upgrade Required

To access this content and our full archive of articles, you are required to be a subscriber.

We offer a range of subscription options. Complete the form to request one of our packages.

Production information >>
Already a subscriber? Login >>

Upgrade or Request a Trial