Glass company invests $2.6 million in NLAB Solar's cheap, transparent solar cells

NLAB Solar just landed an investment of $2.6 million from Fasadglas Bäcklin, Scandinavia’s largest glass facade company. NLAB Solar manufactures energy-producing dye-sensitized solar cells (DSC). The cells which can be integrated into transparent and colored facades such as those produced by Fasadglas. The funding will be used to accelerate product development in NLAB’s new plant in Stockholm.

China’s Suntech on its way up despite Q2 loss

Chinese solar equipment maker Suntech Power Holdings today reported a loss of $174.9 million despite a 95 percent increase in revenue to $625.1 million in the second quarter of 2010. Still, the company says demand for its products is way up, boding well for the future.