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