OrionSolar completes development of a second-generation photovoltaic solar energy cell
Mar 28, 2006 8:31 AM
Company receives $1 million Series B financing
Jerusalem-based OrionSolar Photovoltaics recently completed development of a second-generation photovoltaic solar energy cell. The company also announced the receipt of $1 million Series B financing from its sole institutional investor, New York-based 21Ventures LLC.
OrionSolar plans to use this upfunding to finance its marketing initiatives and to develop the pilot production and manufacturing program for the new energy cell.
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