PV Powered Receives New Funding

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PV Powered Inc., a manufacturer of grid-tied photovoltaic solar inverters, has received a multimillion-dollar investment from Vancouver, Wash.-based investment group Evans Renewable Holdings II LLC, the principals of JH Kelly LLC, an 85-year old commercial/industrial construction company.

According to PV Powered, this new funding will allow the company to capitalize on the rapidly growing solar energy marketplace, which could result in doubling or tripling the company's size in the next two years.

SOURCE: PV Powered

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