MiaSole Raises $55M

MiaSole, a Santa Clara, California-based manufacturer of copper indium gallium selenide (CIGS) thin-film photovoltaic solar panels, has raised $55m in funding.

Backers weren’t undisclosed.

The company intends to use the capital to build its commercial infrastructure with both traditional glass-on-glass and flexible products.

Led by CEO John Carrington, MiaSole aims to establish CIGS as a low-cost, high efficiency thin-film solar panels in the world. To date, it has installed over 55MW of solar modules in a wide range of global projects acrossNorth America, Europe and Asia.

FinSMEs

07/03/2012

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