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Infinia Corp. lands $50 million for solar power system

Infinia Corp. http://www.infiniacorp.com believes that it has devised a more cost-effective way to convert the sun’s rays into usable power. And some big backers agree: Infinia announced Monday a $50 million investment.

The cash-infusion, which follows a $9.5 million investment last summer, will help the 23- year-old company start a solar-dish manufacturing line at its headquarters in Kennewick. By the end of this year, the 40-person company plans to have the first dishes rolling off the line, with staffing mushrooming to 200 people.

By JOHN COOK
P-I REPORTER

Full Story: http://seattlepi.nwsource.com/business/350853_infinia12.html

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