Goodbye AVA Solar, hello Abound Solar: CdTe PV company changes name

Facebook
Twitter
LinkedIn
Reddit
Email

AVA Solar has a new name–Abound Solar. The cadmium telluride thin-film photovoltaics manufacturer says its new brand reflects the “company’s commitment to providing an abundance of low-cost solar panels to solar integrators around the globe.”

CEO Pascal Noronhas said that the the company is “excited about our evolution from AVA Solar to Abound Solar. Our new brand identity represents a change in the company’s look, as well as our focus. We believe we are well-positioned to address the growing demand for solar power, and we are focused on scaling to create a source of renewable, abundant and universally affordable energy.”

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

The company started building a fully integrated, 200-MW-capacity production facility in Longmont, CO, last spring. The fab is scheduled to start commercial production of 60 × 120-cm TFPV panels in April, according to Abound, which would make it the second operational CdTe volume production facility in the U.S., after First Solar’s Perrysburg, OH, site.

Abound’s low-cost, high-throughput CdTe module manufacturing technology was developed and incubated at Colorado State University’s material engineering labs over the last 15 years. The company says that with its dry, in-line, continuous production flow, the glass enters the process chamber and in less than two hours, a completed panel emerges from the end of the automated line.

The company has been supported by the U.S. Department of Energy and has received about $150 million of private investment from the Invus Group, Doll Capital Management, and others, with the latest $104 million equity financing round having been completed in August 2008.

Abound says that it has already signed supply contracts with leading global customers and has also applied for a DOE loan guarantee to expand its current manufacturing facility and begin construction of a second, larger plant.

Read Next

September 12, 2025
German trade association BSW-Solar has called the German government for a simplified, standardised and more digitalised grid access for solar PV and energy storage operators.
September 12, 2025
ACME Venus Urja has secured INR3.8 billion (US$43 million) to develop and construct a solar-plus-storage project in Barmer, Rajasthan.
Premium
September 12, 2025
Vote Solar's Sean Garren tells PV Tech Premium that Georgia Power's latest IRP is 'skewed so heavily towards fossil fuels'.
September 11, 2025
Founder Group has won a RM10 million (US$2.3 million) engineering, procurement, construction and commissioning contract for a 30MW solar plant in Malaysia.
September 11, 2025
German renewable energy developer ib vogt has signed a 70MW solar PV virtual power purchase agreement (vPPA) in Romania.
September 11, 2025
Madison Energy Infrastructure has raised US$800 million to accelerate the deployment of clean energy assets across the US. 

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines