CIGS = Benjamins: Thin Film Firm Miasolé Gets Infusion of Cash

What is CIGS?
 

CIGS is a compound of copper, indium, gallium and selenium (Cu(In,Ga)Se2). When combined in the proper ratios, these materials form a semiconductor that can be applied as a thin film to create photovoltaic cells on many carrier substrates. The CIGS ("absorber") layer absorbs photons, the first step in the transformation of solar energy to electricity.                                                                                                                                                                                    (Courtesy:  Miasolé)

CIGS is the compound used by Santa Clara solar  company Miasolé in its thin-film solar cells.  The company announced last Friday that it had received $35 million in venture capital financing.   This financing will allow Miasolé to perhaps begin mass producing their panels CIGS, a promising technology, is also used by another company mentioned in these pages, Nanosolar, as well as other cutting edge solar companies including HelioVolt and DayStar Technologies.