Early Signs Of A Rebound In Cleantech Deals May Be Visible

Cleantech venture fundings have been slow as of late. In the second quarter, dollars invested in the emerging industry fell 23% to $942 million according to the MoneyTree Report put out by PricewaterhouseCoopers, the National Venture Capital Association and Thomson Reuters, publisher of peHUB. For all of 2010, money placed with alternative energy, smart grid […]

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CaliSolar Buys 6N Silicon, Raises New Venture Capital

CaliSolar Inc., a Sunnyvale, Calif.-based developer of solar cells using “dirty” metallurgical grade silicon, has acquired 6N Silicon Inc., an Ontario-based supplier of solar-grade silicon to the photovoltaic industry. No financial terms were disclosed, except that CaliSolar has raised $22.5 million in new funding from existing shareholders and 6N Silicon backers.

CaliSolar previously raised over $100 million from Hudson Clean Energy, Advanced Technology Ventures and Globespan Capital Partners. 6N Silicon had raised more than $20 million from Good Energies, Ventures West Management and Yaletown Venture Partners.

CaliSolar Raises $102 Million

strong>CaliSolar Inc., a Sunnyvale, Calif.-based developer of solar cells using “dirty” metallurgical grade silicon, has raised $51.9 million in Series B preferred stock funding, according to a regulatory filing. It also has secured another $50 million in convertible securities, for a round total of nearly $102 million. Hudson Clean Energy led the round, and was […]

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