Six-year-old solar panel manufacturer Xunlight, is building a $22 million production line in Ohio. Owner Xunming Deng has developed a technology for lightweight, flexible solar panels, and has received great support, and seed money, from all levels of government. Their faith in the company led to Trident Capital investing millions in Xunlight, which has allowed the company’s expansion.
Also encouraging is the fact that the company is expanding into a friendly, local market. Governor Ted Strickland is signing a new bill that will have all Ohioans, receiving at least 25% of their energy, from alternative sources by 2025.
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Local Solar Energy Company Is Expanding