28 Apr '11, 7am

Nanosolar 2.0: New Attitude and New Deals For Up to 1 GW of Solar Panels: Nanosolar, the CIGS (CuInGaSe) solar...

Nanosolar 2.0: New Attitude and New Deals For Up to 1 GW of Solar Panels: Nanosolar, the CIGS (CuInGaSe) solar...

Nanosolar , the CIGS (CuInGaSe) solar module aspirant, has been cutting a lower profile compared to its brash early years. The 300-employee, San Jose, California firm has re-set its management team with a focus on operations and seems to be making some progress on the technical and commercial fronts. As one of the first wave of capital-intensive, VC-funded, next-generation thin film solar companies, the company raised a lot of cash (more than $400 million in private equity) but was prone to over-promising and under-delivering. Faced with an economic slowdown, a precipitous decline in global module pricing, a bit of boardroom carnage that brought in a new CEO (Geoff Tate, formerly of Rambus and AMD) -- the firm stayed relatively quiet in 2010 and regrouped. (Tom Cheyney of PV-Tech did get an audience with the firm in their most notable press account of 2010.) The new CEO to...

Full article: http://www.greentechmedia.com/articles/read/nanosolar-in-...

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