Monday, August 9, 2010

Amonix Supplies Giant Solar Power Generating Project In Colorado

Torrance-based concentrating photovoltaic solar power firm Amonix looks to be a major winner in the announcement today that Cogentrix Energy will build a 30,000 kilowatt solar generating project in southern Colorado. According to Cogentrix Energy, it has inked a deal with Public Service Company of Colorado (PSCo), an Xcel Energy company, for the solar generating project--expected to be the largest concentrating photovoltaic solar power generation facility in the world. Financial impact on Amonix was not disclosed. According to Cogentrix, the new project is expected to provide enough electricity for approximately 6,500 homes, and will be built on 225 acres of land in the San Luis Valley of Colorado.

Amonix recently announced a huge, $129.4M funding round from Kleiner Perkins Caufield & Byers, Adams Street Partners, Angeleno Group, PCG Clean Energy & Technology Fund, Vedanta Capital LP, New Silk Route, The Westly Group, and MissionPoint Capital Partners. The firm is also the recipient of a number of grants and loans from the Department of Energy and federal government.

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