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Nanosolar

Nanosolar was started in 2002 and is headquartered in Palo Alto, California. The company has received financing from a number of technology investors including Benchmark Capital, MDV, and Larry Page and Sergey Brin, the founders of Google. Nanosolar received the largest amount in a round of Venture Capital technology funding, amongst United States companies during Q2 2006, with 100 million USD of new funding secured. Nanosolar plans to build a large production facility in San Jose and in Germany, with an annual capacity of 430 Megawatts, enough to roughly triple total American solar cell production, moving the US from third worldwide to second, behind Japan. Nanosolar is also building a panel manufacturing plant in Berlin. Germany is heavily invested in this company as a consequence of government subsidies for solar power.

Keep an eye on these guys...

Published Wednesday, December 05, 2007 12:39 PM by Veritas

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