FTL Solar raises $250,000 for thin-film solar
FTL Solar, a New York-based maker of thin-film solar cells, has secured $250,000 from the New York State Energy Research and Development Authority (NYSERDA). In total, the company has received over $450,000 in funding from NYSERDA for R&D efforts.
The well-capitalized firm, which recently closed its first round of funding, develops a variety of solar modules and systems, including its proprietary solar “pavilions,” for commercial and military use.
Its devices are scalable, durable and, most important, easy… Continue Reading
FTL Solar caps first round for thin-film solar
Another day, another thin-film solar startup getting serious cash: Here it’s New York-based FTL Solar, which just capped a first round of funding and is en route to raising $50 million by the end of the fourth quarter. The first round, which yielded an undisclosed amount, was led by Terra Firma Capital Group, the Josh Mailman Foundation and private investors.
In addition to private investments, the firm has also received a $200,000 matching grant from the… Continue Reading