Abound Solar Nails DOE Loan for Thin-Film Factory

A solar company right here on the Front Range of Colorado just scored a $510 million loan to help expand its production facility in Longmont, CO. That's incredible. Abound Solar is a thin-film solar company that has been growing quickly over the last couple of years. Even though thin-film has a lower solar cell efficiency than the solar cells in rooftop PV modules, its strength is that it's light and thin and can be put everywhere (think about slapping thin-film solar strips on the southern side of a sky scraper). Congrats to Abound for raising the capital to expand and compete on a global scale!