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A leading vendor in the emerging area of concentrated photovoltaics, SolFocus, lands another deal for a 1.6-megawatt solar-power installation in Greece.
The European market is hot, so the solar technology company plans to expand there.
In emerging market for concentrator photovoltaic systems, SolFocus buys Inspira, a provider of specialized sun movement trackers.
SolFocus is teaming up with Victor Valley College, building an on-campus solar farm that will also be used as a teaching facility.
Investor Moser Baer India will manufacturer and distribute solar concentrators by 2008.
SolFocus is designing solar power plants that use mirrors and lenses to concentrate light onto high-efficiency solar panels.
With energy prices rising, SolFocus brings in $25 million to fund solar concentrator technology. Photos: Solar 'concentrators'