Silfab Solar Inc., a Burlington, WA-based photo-voltaic (“PV”) module producer, raised $100M in funding.
The spherical consisted of $50M fairness funding led by funds suggested by ARC Monetary Corp. and included funding from their present co-investors. It moreover raised a $50M senior secured financing led by Breakwall Capital.
The corporate intends to make use of the funds to scale its photo voltaic cell manufacturing plant.
Led by CEO Paolo Maccario, President and CEO, Silfab Photo voltaic specializes within the design, growth and manufacture of high-efficiency, premium high quality PV modules. It operates amenities within the state of Washington and Toronto, Canada, and can quickly be manufacturing photo voltaic cells and PV modules in Fort Mill, South Carolina.
Every working facility options a number of automated manufacturing traces, licensed to the ISO 9001:2015 High quality Administration System customary, and just-in-time manufacturing to ship Purchase American authorised PV modules particularly designed for and devoted to the North American market.
FinSMEs
22/11/2024
