Sunnyvale, Calif.-based CaliSolar, which develops solar cells using “dirty” metallurgical grade silicon, has acquired Vaughan, Ontario-based 6N Silicon, a supplier of solar-grade silicon to the solar PV industry.
Sunnyvale and 6N Silicon did not disclose financial terms.
CaliSolar also announced it had raised $22.5 million in additional funding from its shareholders and 6N Silicon investors to scale its manufacturing line at Sunnyvale, Calif., plant.
PeHUB reports that CaliSolar previously raised over $100 million from Hudson Clean Energy, Advanced Technology Ventures and Globespan Capital Partners. 6N Silicon had raised more than $20 million from Good Energies, Ventures West Management and Yaletown Venture Partners.