The deal "provides tenKsolar a truly strategic investor base as we fundamentally improve solar", says Dallas Meyer, who founded the company in 2008 and is its chief technology officer.
The company manufactures a monocrystalline silicon PV module integrated with a racking system designed for maximum output on flat roofs. Emphasizing the fire-prevention benefits of its technology, tenKsolar targets the commercial rooftop market, which is pegged in a recent McKinsey & Co.
