Suniva Closes $50 Million Series B Funding Round

Atlanta, Ga. –– Suniva Inc., a manufacturer of high value crystalline silicon solar cells, announced the completion of its second round of financing for $50 million. The round was co–led by returning investor, New Enterprise Associates, and Advanced Equities, Inc. The Goldman Sachs Group, Inc. joined the round via its wholly-owned subsidiary Cogentrix Energy, Inc., a leading independent power producer. HIG Ventures, an existing investor, and Quercus Investments participated as well. The funds will be used for Suniva’s new manufacturing facility near Atlanta. Link.