US company Ten K Solar has received a $25m equity investment from Goldman Sachs alternative energy investing group.
Ten K Solar will use the funds to support its expanding operations in the US and globally as it has just completed its third consecutive year of triple digit growth.
The company said the investment recognises its progress in supporting solar legacy issues.
“Ten K’s ability to deliver significantly more energy from available roof space combined with the elegant simplicity, reliability and inherent safety of our design is driving a shift to TenK. We are looking forward to working with Goldman Sachs to further grow our company”, said Ten K choef executive Joel Cannon.
Image: DUO system (PR News Foto/Ten K Solar)
Ten K Solar lands $25m investment
Goldman Sachs alternative energy group funds will support expansion
By EBS