Tag Archives: miasolé


American Indians: Banking on Solar

American Indians: Banking on Solar

The Energy Policy Act of 1992 opened development of renewable energy projects on American Indian reservations. Since then wind and solar projects have provided power to pump water and electrify homes of Native Americans both on and off the grid. While not perfect, solar provides jobs and lease revenue for tribes as it cleans up their


Alta Devices Bought by China’s Hanergy

China’s Hanergy has acquired gallium arsenide (GaAs) solar developer Alta Devices for an undisclosed amount, according to sources close to the company. Hanergy has become the acquirer of last resort for VCs looking to liberate their advanced solar ideas at fire-sale prices. Alta joins Solibro, MiaSole, and Global Solar Energy (all CIGS thin film) under


MiaSole Grabs $55 Million

In a tough time for a solar company – especially a thin-film manufacturer – to raise money, MiaSole raised another $55 million to drive its next wave of growth. The company says it’s begun production of modules rated at 14% conversion efficiency, an increase of 30% over the past year. It says it has the industry’s lowest capex per watt because of


MiaSolé Announces Layoffs

MiaSolé, the Kleiner Perkins- and Vantage Point-backed CIGS solar company, has laid off 30 percent of its workforce, according to sources close to the company. A company spokesperson has verified that there have been layoffs, but did not specify the extent of the reduction-in-force. We understand that many of the layoffs have occurred in engineering

MiaSole Deploys Camstar

Camstar Systems Inc. announced that MiaSole, the leading manufacturer of Copper Indium Gallium Selenide (CIGS) thin-film photovoltaic solarpanels, has deployed Camstar’s SolarSuite enterprise software platformthroughout its entire solar manufacturing value chain. As anindustry innovator, MiaSole is growing rapidly, and the scalablemanufacturing platform enables the company to shorten time-to-volume,improve product quality and reliability, and rapidly develop,

MiaSolé Prepping for 2011 IPO

We’ve received a document published by Pittsburgh’s Birchmere Ventures, an investor in copper indium gallium selenide (CIGS) manufacturerMiaSolé. It outlines the company’s $100 million fundraising round, itsproduct plans, and its 2011 IPO plans. According to the the document, "MiaSolé is now raising a $100 million Series F round to build out manufacturing and prepare for

MiaSole Moves Into Production

MiaSolé,a company without a sign on its front door to minimize industrialespionage, has cleared the big hump for CIGS manufacturers: shippingsolar panels to customers. The Santa Clara, Calif.-based company–which has maintained a lowprofile in the market for the last year and a half–started to send itssolar panels to customers for them to check out the


MiaSolé Begins Shipping CIGS Panels

Ayear ago, MiaSolé appeared to still be struggling mightily to bring itsthin-film panels to the market. After keeping a low profile for most ofthis year, the startup said it has crossed that all-important milestone. The Santa Clara, Calif.-based company said it not only has startedshipping to 30 customer sites in Europe and the United States,

MiaSole Begins Commercial Shipments

MiaSole, a Santa Clara, Calif.-based manufacturer of copper indium gallium diselenide thin-film photovoltaic modules, has started shipping modules from its California production facility. "Wehave now shipped modules to 30 customer sites in Germany, Italy, Spain,France, Portugal and various locations in the U.S.," states Dr. JosephLaia, CEO. "We now have commercial projects in the ground, underdevelopment

The Current State of CIGS and it’s Major Players

In 2008,Copper-indium-gallium-selenide (CIGS)-based materials accounted forless than 3% of global photovoltaic module production.  Yet, the potential high efficiency and the potential low cost of theCIGS material system has spurred enormous capital investment incompanies, both private and public, to develop large-scale CIGS solarmanufacturing.  Here’s a list of the top five recipients of venturecapital amongst CIGS players.