Company
From our corporate and manufacturing headquarters in Colorado, Abound Solar produces next-generation thin-film cadmium telluride solar modules ideally suited for commerical- and utility-scale installations.
Abound Solar is committed to reducing the cost of solar electricity to levels competitive with fossil fuels. Our solar modules are manufactured using a proprietary semiconductor deposition process that enables lower cost, higher performance and greater production efficiency than other solar products.
Abound Solar recently received a US Department of Energy loan guarantee for $400 million dollars to expand its Colorado facility and build a second facility in Tipton, Indiana. This loan was awarded to Abound Solar as a result of a rigorous applications process and was approved in December 2010. Once the build out is completed, Abound Solar will have the largest solar manufacturing facility in the United States.
Key statistics
- Employees: 400
- Manufacturing capacity: 65 MW expanding to 840 MW
- Funding: $260 million from private investors; $400 million loan guarantee from US Department of Energy
Awards
- AlwaysOn GoingGreen Global 200 (2011)
- AlwaysOn Going Green 100 (2009)
- AlwaysOn Global 250 (2009)
- BusinessWeek Top 25 startups (2008)
- Colorado Cleantech Industry Association – High Impact Cleantech Company of the Year (2010)
- Entrepreneur Magazine 100 Companies to Watch (2009)
