CaliSolar, a Sunnyvale, Calif. maker of solar cells has brought in $60 million in equity, rights and securities, reports VentureWire. This is a good amount for a company that just landed $101.8 million in November. It plans to use the new financing for a plant that makes cells out of metallurgical-grade silicon -- a much cheaper material than pure silicon.
Hudson Clean Energy Partners, Advanced Technology Ventures and Globespan Capital Partners provided the recent round.