The U.S. DOE’s $197 million loan guarantee to SoloPower, Inc. will support the retrofit of an existing building to operate a thin-film solar panel manufacturing facility in Portland, OR. The project will produce low-cost, higher efficiency PV panels for roof-top applications. Before it can use the funds, it must have its first production line up and running and meet other milestones. In addition to receiving state incentives to locate in Oregon, SoloPower has raised some $200 million from private investors.
SoloPower Receives $197Mil DOE Loan Guarantee
In this Issue
Special Features
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Special Report: Cleantech VC Fundraising
CleanTechIQ examines LP demand for cleantech and reveals how VC firms are successfully raising new funds.
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Special Report: Innovations in Clean Tech Finance
Project finance innovations being developed now for the clean tech sector will likely have a big impact in coming years.
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Special Report: ESG Opportunities Across Asset Classes
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