Dow Chemical invests $10 million in California solar cell company

The Dow Chemical Co. has made a third investment in a California-based solar cell producer to the tune of $10 million. Bloomberg is reporting Dow funded $10 million to NuvoSun Inc., a producer of thin-film solar cells, during the company's third funding round. Dow reportedly invested during the past two funding rounds for NuvoSun. NuvoSun is a second generation innovator of thin-film photovoltaic cells and modules, according to the company's website, and its mission is to redefine the cost point for photovoltaic cells and modules and to become the lowest cost producer of the products by 2012.

Read the full story here!