Solaria raises $22M to lower cost of solar cell manufacturing
Solaria, a Fremont start-up that offers a way for solar cell manufacturers to lower costs by using less silicon, said it has raised $22 million in a second round of funding.
The funding comes from Q-Cells, the second largest producer of silicon solar cells, venture capital firms Sigma Partners and NGEN Partners, and Moser Baer, a large Indian manufacturer of CDs and DVDs.
Solaria’s emergence is significant because it wants to solve the solar industry’s biggest bottleneck:… Continue Reading