Konarka powers up with $45M for solar “plastic”

Solar innovator Konarka Technologies took in $45 million in strategic funding to further develop its new product for sunlight conversion called Power Plastic and bring it to market. Oil and gas company Total provided the round, acquiring a 20 percent stake in Lowell, Mass.-based Konarka. It hopes to integrate the plastic solar film into products made and used by its subsidiaries, including Hutchinson, Sartomer and Bostik.

The Power Plastic line is prized for being lightweight, flexible… Continue Reading