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Article: Morgan Solar secures USD $4.7 million institutional investment and launches manufacturing of the Sun Simba HCPV.
- Article from:
- PR Newswire
- Article date:
- October 9, 2009
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Solar energy start-up Morgan Solar closes first tranche of their round A investment with Iberdrola Group SA, Nypro Inc, and Turnstone Capital Management LLC.
TORONTO, Oct. 9 /PRNewswire/ -- Morgan Solar Inc., a Toronto based solar energy start-up, completed the first part of their Round A investment, securing USD $4.7 Million from Iberdrola Group SA, Nypro Inc, and Turnstone Capital Management LLC. Morgan Solar has developed a breakthrough Concentrated Solar Photovoltaic (CPV) panel called the Sun Simba HCPV, a high efficiency, low cost solar technology designed for utility scale and large distributed generation applications. Morgan Solar has spent the last two ...