Flexible Electronics News

Konarka Secures $5 Million Loan for Manufacturing and Job Creation

State enhances commitment to Konarka with financing from the Massachusetts Renewable Energy Trust

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Konarka Technologies, Inc., an innovator in development and commercialization of Konarka Power Plastic, a material that converts light to energy, today announced the company has received $5 million in financing in connection with its recently opened production facility in the city of New Bedford. The long-term loan comes from a funding collaboration between the Emerging Technology Fund of Massachusetts Development Finance Agency and the Massachusetts Renewable Energy Trust’s Business Expansion I...

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