Investors
Morgan Solar conducted and secured the first part of their Round A investment between July and December 2009, securing USD $8.2 Million from a mix of strategic investors and venture capital funds. Strategic investors participating in the first round are Iberdrola Group SA, Spain's largest energy utility and currently the largest global provider of renewable energy, and Nypro Inc., a global leader in injection molding and contract manufacturing with operations in 16 countries. Connecticut based venture capital fund Turnstone Capital Management LLC. led the first round. Additional funds have been raised from two Canadian venture capital groups with significant experience in clean technology.
To date, we've also been awarded over USD $5 Million in government grants and tax subsidies.
We will conduct a Round B of financing prior to ramping up global sales, manufacturing, and delivery capabilities for the Sun Simba in 2011.
More updates to this site are coming soon.
Disclaimer: This is not a solicitation for investments. All investments will be done pursuant to a Business Plan and the investor’s appropriate due diligence.











