Nanosolar raises $300 million: targets faster ramp of CIGS thin film panels

Nanosolar has said that it plans to speed up the ramp of its Copper Indium Gallium Diselenide (CIGS) roll-to-roll PV manufacturing lines in San Jose, California and Berlin, Germany on the back of a new $300 million round of funding. Nanosolar said that its annual capacity at its San Jose facility was 430MW and its Berlin facility had a 620MW capacity.


Investors included; Riverstone Holdings, AES Corporation, Carlyle Group, EDF Renewables, Lone Pine Capital,  Skoll Foundation, GLG Partners, Beck Energy, and Conergy as well as founding investor Grazia Equity.
 

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    This sixteenth edition of Photovoltaics International marks four years of production of the quarterly journal. As always, our focus is on efficiency and quality improvement and cost reduction in manufacturing. As 2012 rolls along, companies are falling by the wayside due to supply and demand issues, ASP declines and drastic governmental subsidy cuts. A clear picture of 2012 is offered through papers from the likes of TÜV Rheinland, Fraunhofer ISE, SEMI PV Group and EPIA, amongst others.

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