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