Chinese Solar Developer Acquires Silicon Valley Startup
China Solar Power (CSP), a Hong Kong-based maker of solar PV panels, founded by Charles Johnson, the former CEO of asset management company Templeton Worldwide, has acquired ThinSilicon, a maker of thin-film solar panels.
Mountain View, Calif.-based ThinSilicon, launched in 2007 by three Stanford University PhD candidates studying material sciences, has developed a process that boosts the efficiency of thin-film PV modules. Investors in ThinSilicon include FireLake Capital Management and Spring Ventures. CSP is owned by Hong Kong-based asset management firm Tano Capital.
The companies did not disclose financial terms. Read More »
