VC Funds Drops Another Three Million Into Advent Solar

SOLAR DAILY

Advent's unique cell design is known as Emitter-Wrap-Through. It's an innovation that offers the potential for lower cost through simplified assembly, higher energy production, and the use of ultra-thin silicon wafers.

by Staff Writers
Waltham MA (SPX) Jun 20, 2007
@Ventureshas made another $3.0 million investment in Advent Solar's recently-announced Series D financing round of more than $70 million. @Ventures was one of Advent Solar's first venture capital providers, investing in the company's Series B investment round in late 2004 and again in Advent Solar's Series C round in 2005.

New investors in Advent Solar's Series D funding round include ZBI Ventures, Sun Mountain Capital, and Globespan Capital Partners. The company's other existing investors -- Battery Ventures, Enertech Capital Partners, the New Mexico Co-Investment Partners, and Firelake Capital -- also participated in the Series D round.

"The new funds will enable us to expand faster in emerging geographical markets, accelerate our product development and extend the services organization to meet the demands of our growing number of customers," said Rusty Schmit, President and CEO of Advent Solar.

Advent Solar is currently shipping products based on its proprietary emitter wrap-through (EWT) technology to customers around the world and is establishing a solid position in the rapidly growing solar photovoltaic market. The company expects to drive down the cost of solar power by leveraging the advantages of its unique technology, including the ability to use ultra-thin silicon wafers to minimize the consumption of silicon.

Advent Solar, Inc. is a leading manufacturer of innovative solar cells and modules. Its unique, exclusive cell technology was originally developed at Sandia National Laboratories and is in a class of solar cells referred to as back-contact cells. This technology is the basis for Advent's high performance products with the potential for dramatically lower cost than conventional solar photovoltaic technology.

Memory Foam Mattress Review

SPACE MEDIA NETWORK PROMOTIONS
Solar Energy Solutions
Tempur-Pedic Mattress Comparison ...

Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

SOLAR DAILY

SatCon Photovoltaic Inverters Installed At 1 MW SolarCraft Site

Boston MA (SPX) Jun 20, 2007
SatCon Technology Corporation, a developer of power management and system architecture solutions for the alternative energy and distributed power markets today announced that its PowerGate commercial grade inverters have been installed as an integral part of a SolarCraft installed 1.1 Megawatt solar energy system at Paramount Farms, Inc., the world's largest vertically integrated supplier of pistachios and almonds.

INTERNET SPACE Rockwell Collins And ARINC Sign Agreement For Broadband Offering Academic Group Releases Plan To Share Power Over Internet Root Zone Keys Satellite Enables Mobile Wireless Broadband Services To Conventional Devices Singapore Airlines Selects Rockwell Collins Satellite Communications	LAUNCH PAD 2006 Bumper Year For Satellite Launcher Arianespace SES Signs For Five ILS Protons Through 2013 ILS Wins Arabsat-5A Contract To Launch On Proton Breeze M Dawn Spacecraft Never Damaged Set To Launch July 7
AEROSPACE EU And US Launch Airline Pollution Initiative easyJet Plans Greener Aircraft By 2015 Airbus Wants To Cut CO2 Emissions By Half By 2020 Airlines To Order Nearly 30,000 New Planes In Next 20 Years	MILITARY COMMUNICATIONS First Wideband Global SATCOM Satellite Packed And Ready For Shipment Major Integration Milestone Achieved On Advanced Military Communications Satellite Boeing-Led Team Responding To TSAT Space Segment Request For Proposals KVH Receives Order For Fiber Optic Gyro-based TACNAV II Vehicle Navigation System
TECH SPACE Wind River Carrier-Grade Linux Goes To Space Nanoparticles Unlock The Future Of Superalloy Metals Australia Weighs In To Make The Perfect kilogram German Radar Satellite TerraSAR-X Launched	APPOINTMENTS Hall Appoints Feeney To Top GOP Position On Space And Aeronautics Subcommittee Dodgen Joins Northrop Grumman As Vice President Of Strategy For Missile Systems Business Townsend To Lead Ball Aerospace Exploration Systems In Huntsville NASA Nobel Prize Recipient To Lead Chief Scientist Office
EARTH OBSERVATION QuikSCAT Marks Eight Years On-Orbit Watching Planet Earth Ukraine To Launch Earth Observation Satellite In 2008 NASA Satellites Watch as China Constructs Giant Dam Kalam Calls For Development Of Satellite Systems For Entire Humanity	GPS NEWS Northrop Grumman Delivers First Production Stellar Navigation System To US Air Force AeroAstro Extends Globalstar Simplex Data Service Eastern Australia And New Zealand Albertis Seeks Share In Galileo Partner Hispasat As Surrey Welcomes EU Support EU Agrees Galileo Needs Public Bailout

The content herein, unless otherwise known to be public domain, are Copyright Space.TV Corporation. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space.TV Corp on any Web page published or hosted by Space.TV Corp. Privacy Statement