Suniva scores $75M for silicon solar cells

Suniva scores $75M for silicon solar cells

Suniva, maker of crystalline silicon solar cells, has raised $75 million in a third round of funding — its third large chunk of capital in the last year and a half. The Georgia-based company says it will use the money to put the finishing touches on its newest assembly line.

Suniva has been busy these last two years. It just completed its first production line, capable of putting out 32 megawatts a year in October. It… Continue Reading

Roundup: Market researchers report on global game sales, Microsoft introduces Photosynth and more

Roundup: Market researchers report on global game sales, Microsoft introduces Photosynth and more

Here’s the latest action:

Leading market researchers team up to report on video game sales – The leading research companies in the field (The NPD Group, GfK Chart-Track Limited and Enterbrain) have released the Top Global Markets Report in a long overdue move to provide reliable data on worldwide game sales. The bestselling game of the year so far is Rockstar Games’ Grand Theft Auto IV, according to the report.

Microsoft introduces photosharing technology Photosynth — A “synth,”… Continue Reading

Suniva, a solar photovoltaic maker, readies for production with $50M

Suniva, a solar photovoltaic maker, readies for production with $50M

A stealthy Georgia-based startup with plans to manufacture silicon-based solar cells unveiled itself this morning, announcing a hefty $50 million financing that will help it start production.

The company, called Suniva, says its cells operate at about 18 percent efficiency, near 50 percent better than the average cell produced today. CEO John Baumstark told us that there is a “clear roadmap” to boosting their efficiency over 20 percent within a year or two. Just as importantly,… Continue Reading