Friday, April 25, 2008

Xunlight Raises $22 million in Series B Financing

Toledo, Ohio – Xunlight Corporation, a leader in the development of low cost and flexible thin-film silicon solar modules, announced it has raised $22 million in a Series B financing. The investment was led by Trident Capital, a leading private equity and venture capital firm that has over $1.6 billion under management. Existing investors, Emerald Technology Ventures and NGP Energy Technology Partners, participated in the round. The proceeds will be used to build commercial manufacturing capacity for the production of lightweight and flexible thin film silicon solar modules. Link.