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Posted: December 18, 2009
Solar Company Optony Inc. Secures $6M, Expands Globally
(Nanowerk News) Optony Inc., a leader in solar power deployment services and thin film photovoltaic technology, today announced it has closed $6M in financing. The proceeds will be used to accelerate the company's technology development and expand its solar solution services, to cover both the United States and China.
Optony has developed a fast-growing service business that helps governments and businesses make intelligent decisions about complex solar projects across the entire system lifecycle. The company has also been developing high efficiency thin film solar technologies in collaboration with the U.S. National Renewable Energy Lab.
"The United States and China are two of the most dynamic and important solar energy markets," said Dr. PR Yu, CEO of Optony. "Optony is uniquely qualified and deeply committed to serving our clients in these countries while helping to catalyze the global solar industry."
Based in Silicon Valley, Optony was founded in 2007 with financing from private investors and received funding from the U.S. Department of Energy. Optony has established itself as a leading innovator in thin film solar technology and has a world-class solar project solutions division that serves government agencies and commercial enterprises in the U.S. and China.