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Innotech Solar in Norway has raised 51.7 million kroners ($9.2 million) from Investinor.
Founded in 2008, the company says it buys poor performing cells discarded by other manufacturers and fixes them before assembling into panels for sale. Innotech also works on solar power plant development.
The company says it gets technology R&D help from Innovation Norway and Forskningsradet, or the Research Council of Norway.
The company plans to expand its annual production capacity to reach 27 megawatts next year.
Back in July, the company said it had raised €11 million ($16.5 million) in equity, grants and loans since its inception, including €6 million from Sustainable Technologies Funds and Northzone Ventures.
