Suniva wants to have a lower-cost way to make solar cells. Suniva, which has has obtained nearly $1 billion in orders from Indian and European solar module makers, developed technology to make solar cells that can transform more of the sun’s energy into the juice which is converted into power.
This summer, Suniva raised $75 million in financing in a round led by private equity firm Warburg Pincus, a leading global private equity firm, and included APEX Venture Partners and returning investors New Enterprise Associates (NEA), HIG Ventures and Advanced Equities.
