Solar equipment maker Twin Creeks
Gotta be a record: solar startup Twin Creeks holds firesale months after launch
Nov 14, 2012 -
UPDATED: A little over half a year after going to market with its solar wafer making machines, venture-backed Twin Creeks Technologies has sold its core intellectual property, assets and equipment for a meager $10 million to GT Advanced Technologies (s GTAT), GT announced Wednesday.
The demise is a sad end to a startup that was founded in 2008 and had raised $93 million as of March this year, when Twin Creeks said it was launching a piece of factory equipment that could slice off silicon wafers in 20-micron thickness, compared with the 200-micron wafers that are common today. Silicon wafers are used to make solar cells that are then assembled to make solar panels...
https://gigaom.com/2012/11/14/gotta...in-creeks-holds-firesale-months-after-launch/
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Solar equipment maker Twin Creeks Gotta be a record: solar...
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