It’s been a big week for investment in thin-solar technology with more than $400 Million being raised by two industry companies. With NanoSolar raising $300 Million and AVA Solar bringing in over $100 Million the future is looking bright the next generation of solar collection technology.
The huge push for thin solar comes from its low cost, durability and efficiency at capturing incoming solar energy. Some estimates put the technology bringing over $15 Billion in revenue by the year 2015 as efficiency continues to improve while costs steadily plummet.
Nanosolar, based in San Jose, California, plans to put the new capital to work expanding its production plants in San Jose and Berlin, Germany. AVA Solar will put its $104 Million dollar in newly raised capital toward completing a production facility in Colorado where the company is based.
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Beginning March 7th, NBC11 of the San Francisco Bay area 