December 18, 2009 08:00 ET
Solar Company Optony Inc. Secures $6M, Expands Globally
Silicon Valley Company Helping Governments and Businesses in the U.S. and China Make More Intelligent Decisions About Solar Power
SANTA CLARA, CA--(Marketwire - December 18, 2009) - 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."
About Optony
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. For more information please visit: www.optony.com.