1366 Technologies

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Dept. Of Energy Gives Lexington Solar Tech Company $150M

Months after Evergreen Solar decided to close its Massachusetts facility, another solar tech company is planning to build its first factory in the Bay State.


File image (credit: AP)

Lexington Solar Company To Get $150 Million From Federal Government

The federal government has offered a $150 million loan guarantee to a Massachusetts company that’s developing a dramatically cheaper way to produce a key component of solar panels.