Solyndra, a company based in Fremont, California that designs and manufactures photovoltaic (PV) systems for the commercial rooftop market, emerged from stealth mode earlier this week and announced that it has $1.2 billion of multi-year contracts with customers in Europe and the United States. Solyndra claims that its CIGS-based thin film PV systems provide significantly … [Read more...] about Solyndra Emerges from Stealth Mode, Announces $1.2 Billion in Contracts
CMEA Ventures
A123 Systems Files Registration Statement with SEC for IPO; Discloses $102.1 Million in Additional Equity Financing
A123 Systems, a company that develops and manufactures lithium-ion batteries and battery systems for the transportation, electric grid services, and portable power markets, announced in August that it filed a S-1 registration statement with the U.S. Securities and Exchange Commission relating to a proposed initial public offering (IPO) of up to $175 million of its common stock … [Read more...] about A123 Systems Files Registration Statement with SEC for IPO; Discloses $102.1 Million in Additional Equity Financing