Solyndra Emerges from Stealth Mode, Announces $1.2 Billion in Contracts

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

Luminus Devices Closes $72 Million Round of VC Funding

Luminus Devices, Inc. a Billerica, Massachusetts-based company that develops and manufactures high-performance solid state light sources, announced on Monday that it has closed a $72 million round of venture capital financing.  This round was led by Braemar Energy Ventures.  Other participants in this round included CMEA Ventures, Paladin Capital Group, and Luminus’ previous investors, which … Read more