Solaria moves to expand manufacturing (San Francisco)
Solar panel manufacturer Solaria said today it will move to a new location in Fremont to expand its office and manufacturing space.
The startup recently raised $45 million in venture capital and some of that will be used to retrofit the vacant factory in North Fremont where Solaria will locate its headquarters.
“For North America we’re doing all of our manufacturing here,” said Solaria CEO Dan Shugar.
The company said it hopes to move into its new headquarters in December. The plant will also have a large solar plant attached. Solaria wouldn't disclose the size of the new facility.
Solaria holds 30 patents on its photovoltaic solar modules which splice silicon cells into strips and concentrate the sun onto those strips to get more solar energy production out of half the silicon of normal cells. Shugar said using half the silicon can reduce the cost of a standard panel by 40 percent.
Read more, including a rundown of the California politicos in attendance at the Solaria event, in the San Francisco Business Times.
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