By Phil McKenna Thursday, April 29, 2010
Large investment could jump−start concentrated
photovoltaic deployments.
A California−based startup, Amonix>, has received $129
million in venture−capital investments to further its
commercialization of concentrated photovoltaic technology. The
company´s product combines powerful lenses, a tracking
system, and solar cells for large, highly efficient solar−power
installations. The funding could give the company, and the emerging
field of concentrated photovoltaics, the boost it needs for widespread
utility−scale deployments.
"We´ve looked at 100 solar companies in the last 18
months, and Amonix is the one that stood out to us as having breakout
potential," says Ben Kortlang, a partner at venture capital firm
Kleiner Perkins Caufield & Byers, which led the recent investment.
(read more)