The Deal
Tuesday, January 6, 
6:32 pm


[Posted on August 1, 2007 - 11:36 AM]

Solar panel maker SolFocus Inc. has purchased Inspira SL, a maker of solar trackers, for an undisclosed amount. SolFocus, which raised $32 million in 2006 from New Enterprise Associates, NGEN Partners LLC and Yellowstone Capital Inc., already uses Inspira's trackers in its solar panel installations. Solar trackers are used to electronically move solar panels so they follow the sun in its arc across the sky. Use of trackers increases the efficiency of solar panels and is a differentiation among solar manufacturers and installers.The deal should enable SolFocus to make a larger volume of Inspira's trackers and reduce costs as it now controls a key supplier. —Stacey Higginbotham

See SolFocus press release

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