Milestones

Nov. 2005:

Company Founded

SolFocus founded by Gary D. Conley and Steve Horne in Saratoga, California

Jan. 2006:

First Generation Panel Prototype

SF-1000 panel comprised of 16 hexagon shaped power units

Sep. 2006:

First SF-1000S Array Installed

9-panel SolFocus SF-1000S CPV array installed at Palo Alto Research Center (PARC)

Oct. 2006:

Series A Financing $32M

Early funding efforts led by New Enterprise Associates (NEA) and NGEN Partners

Jun. 2007:

Multi-Array Test Site Installed

14 kW test site completed at Palo Alto Wastewater Treatment Plant

Sep. 2007:

Series B Financing $52M

Led by New Enterprise Associates (NEA)

Nov. 2007:

DOE PV Grant Awarded

DOE grant for $2.2M received under PV Commercial Incubator Program for development of second generation optical system

Feb. 2008:

First Commercial Purchase Order

7.2 kW site installed at KGO Radio transmission site in Fremont, California

Sept. 2008:

500 kW Project at ISFOC Completed

Power plant at Instituto de Sistemas Fotovoltaicos de Concentración (ISFOC) is largest CPV installation globally

Sept. 2008:

First CPV Panel to be CEC Listed

California Energy Commission (CEC) approves the SF-1000 panel for listing, making it the first CPV product to be listed and eligible for CSI rebates

Nov. 2008:

SF-1100S Product Announced

Second generation product boasts 40% more efficiency, achieved through a new optical design combined with cell advancements

May 2009:

First CPV Company to Receive IEC Certification

SF-1000 panel certified to meet rigorous performance and qualification standards of IEC 62108

May 2009:

Automated Factory Goes Online

Leveraging robotics technology from the automotive industry, partner DSBJ opens high volume manufacturing plant for CPV panels

Jul. 2009:

Series C Financing $77M

Led by Apex Venture Partners

May 2010:

Largest CPV Plant in North America Installed

1 MW project at Victor Valley College in Victorville, California sets new record for CPV deployment

Oct. 2010:

Bankability Milestone with Munich Re Insurance

SolFocus becomes first CPV company to receive third party insurance backing of power warranty

Jun. 2011:

SolFocus Headquarters Moves to San Jose

New office achieves LEED-CI Platinum certification, the highest level of certification issued by the U.S. Green Building Council

Jul. 2011:

SF-1136SX System Introduced

Third generation CPV system provides more power, lower cost, and faster time to project completion

Dec. 2011:

Operating Plants Milestone Reached

Over 6.5 MW of SolFocus systems are in operation, providing clean energy in 13 countries