Friday, February 18, 2011

SoloPower Gets $197M DOE Loan Guarantee

San Jose-based SoloPower, which manufactures thin film solar cells and modules, reported Thursday that it has received a $197M loan guarantee from the U.S. Department of Energy (DOE). The firm said the funding will go towards constructing a facility to produce approximately 400Mw of thin film photovoltaic (PV) modules. The plant will be opened in Wilsonville, Oregon.