Hanwha, ESB Back TenKsolar’s Systems for Boosting Solar Power
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South Korean conglomerate Hanwha Corp. and ESB Novusmodus LP, a fund backed by Irish state utility Electricity Supply Board, led a $15.5 million Series B investment in closely held TenKsolar Inc.
Hanwha, which owns a controlling stake in photovoltaic manufacturer Hanwha SolarOne Co., will help TenKsolar sell solar panels, it said today in a statement.