Solar Power World

Petra Solar Raises $40M For Expansion

Petra Solar, Inc., announced that it has raised $40 million in funding for expansion. Two new investors, Craton Equity Partners and Espírito Santo Ventures, led the latest round with 100% participation from existing investors, Element Partners, Blue Run Ventures, OnPoint Technologies (U.S. Army’s Venture Fund) and Kuwait’s National Technology Enterprises Company (NTEC). Petra Solar will use the new round of financing to expand its customer base, with plans... Read More