AVA Solar Completes Second Round Of Equity Financing

Thin-film photovoltaic module manufacturer AVA Solar has completed its second institutional equity round of financing, totaling $104 million. The round was led by DCM and included new investors Technology Partners, GLG Partners and Bohemian Companies LLC.

The company says the funds will be used to complete AVA Solar's first production facility in Longmont, Colo., which will have the capacity to produce 200 MW of PV modules annually.

SOURCE: AVA Solar

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