Morgan Solar Secures $4.7M In Funding For Solar Energy Start-Up
14 October 2009
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Toronto-based Morgan Solar Inc. secured a Round A investment from Iberdrola Group SA, Nypro Inc, and Turnstone Capital Management LLC. Of $4.7 million US. Morgan Solar manufactures a Concentrated Solar Photovoltaic (CPV) panel called the Sun Simba HCPV, which is a high efficiency, low cost solar technology designed for utility scale and large distributed generation applications.
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