Renewable energy provider EDF Energies Nouvelles has plunked $50 million into Nanosolar and will get access to output from Nanosolar's factories in 2009.
Nanosolar specializes in copper-indium-gallium-selenide (CIGS) solar cells. CIGS cells aren't as efficient as silicon solar cells, but they cost less and can be integrated into building materials. Nanosolar's cells can be printed on thin, flexible sheets of metal.
The company became one of the first to start producing CIGS commercially when it started cranking out production in December. Some other competitors have had to delay production. Right now, only Global Solar in Arizona also … Read more