Market & Policy  |   Project & Contract  |   Technology & Product  |   Corporate News  |   Product News  |
  Cell & Module  |   Production & Inspection  |   Component & Power  |   Solar Material  |
  Worldwide  |   Europe  |   North America  |   APAC  |   Others  |
  Cell & Module  |   Production & Inspection  |   Component & Power  |   Solar Material  |
  Cell & Module  |   Production & Inspection  |   Component & Power  |   Solar Material  |   Agent & Dealer  |
  Free Event Listing
  2012 JUN Issue   |   What is Digital Magazine?  |  How to use  |  Archives  |  Subscription  |  iPad / Mobile  
  Tigo Energy

20% More Energy

Market & Policy

Project & Contract

Technology & Product

Corporate News

Product News

<JUN, Issue, 2012>
Cover Story :
DEGER equips two solar parks in Bosnia-H...
Table of
Corporate News

Home > News > Corporate News

tenKsolar Completes Series B Financing by Hanwha and ESB Novusmodus

tenKsolar, a Photovoltaic (PV) solutions leader announced the completion of its US$15.5 million financing round led by Hanwha of South Korea together with ESB Novusmodus of the United Kingdom, creating a global footprint for tenKsolar as a next-generation solar company.

Hanwha owns a controlling stake in Hanwha SolarOne, a fully vertically integrated global provider of total solar energy solutions and a leading manufacturer of high quality photovoltaic materials, cells and modules.

ESB Novusmodus, is a major European cleantech fund backed by Irish state utility, ESB.

Dallas Meyer, Founder, President and CTO of tenKsolar, said, “We are pleased to have Hanwha as our global partner. Their worldwide presence together with the European partnership of ESB Novusmodus provides tenKsolar a truly strategic investor base as we fundamentally improve solar.”

Chris Eberspacher, Global CTO of Hanwha Solar, said, “Hanwha is clearly committed to applying its expertise and resources across the broad PV value chain by actively investing in fundamentally differentiated, high-impact technologies. And as part of this endeavor, we highly value our partnership with tenKsolar in our combined efforts to develop and provide industry-leading products to our customers.”

Robert Schrimpff, Partner of Novusmodus said, “We’re very impressed with tenKsolar’s innovative and holistic approach to achieving solar PV efficiency. It allows them to provide PV for at the lowest possible cost. At a time when the majority of the market is seeing negative gross margins, tenKsolar is able to be both highly cost competitive and profitable. We look forward to helping them grow.”

According to tenKsolar CEO Joel Cannon, “We design solar PV to be a utility-grade generation asset and we are out to revolutionize the delivery of solar energy. Highest reliability, lowest energy cost, complete safety, and built-in storage compatibility define tenKsolar systems.”



For more information, please send your e-mails to pved@infothe.com.

2011 www.interpv.net All rights reserved.





     Suntech: The Global Solar Industry Should Avert a Trade War

     ”Keep Feed-in tariffs strong & stop pandering to fossil fuel lobby,” advised Solarcentury

Portable solar ...
Polyurethane fo...
Wire Bonding Ma...
Home l New Product Showcase l Gold Suppliers l Trade Shows l email Newsletter l About InterPV l Help l Site Map l Partnerships l Privacy Policy
Publisher: Choi Jung-sik | Edited by: Lee Sang-yul | Youth Protection Officer: Lee Sang-yul
Copyright Notice ⓒ 2004-2007 www.interpv.net Corporation and its licensors. All rights reserved.