A start-up solar energy firm with ties to the University of Toledo is to announce this morning that private investors will contribute $22.3 million to enable the metro area to have a second manufacturer of the alternative energy product in a year.
Xunlight Corp. plans to build a production line for thin-film, silicon-solar modules at its fledgling facility at 3145 Nebraska Ave., said Xunming Deng, company founder and a UT professor.
The new investment is to be announced at 10:15 a.m. today at a ceremony with Gov. Ted Strickland and officials from Trident Capital, a California venture capital firm.
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