March 25, 2009
Pascal Noronha, CEO of CSU spinoff Abound Solar - a manufacturer of low-cost, thin-film photovoltaic (PV) solar panels based in Fort Collins - on Monday met with President Barack Obama, who announced a plan to dramatically increase investment in cutting-edge research, and the development and deployment of clean energy technologies.
Norohna and other clean energy entrepreneurs were on hand at the White House as the President outlined an energy program that draws on the administration's $787 billion stimulus package to provide $39 billion to the Department of Energy and $20 billion in tax incentives for clean energy, while creating jobs for the future.
“We are honored that the White House invited us to participate in this event,” said Noronha. “The president’s commitment to help us a build a clean energy economy further validates the work our employees do every day to harness the power of the sun, and provide its energy in abundance in the form of low-cost solar panels.”
Abound Solar and the other companies in attendance were selected to participate in the event because of their demonstrated success in manufacturing and commercializing clean energy products that were initially developed and incubated in national labs or universities. Built upon 15 years of development by Professor W.S. Sampath at the Colorado State University Materials Engineering Laboratory with support from the National Renewable Energy Lab and the National Science Foundation, Abound Solar has developed a robust, commercial-scale, continuous process for producing solar PV modules at a low cost, which can make solar energy more universally accessible around the world.
Contact: Emily Wilmsen
Phone: (970) 491-2336