Fast Facts

About:
Amonix is the leading designer and manufacturer of concentrated (CPV) solar power systems which require no water in power production, use land more efficiently, and produce more energy per acre than any other solar technology. Amonix was founded in 1989 and is headquartered in Seal Beach, CA, with an additional facility in Torrance, CA. With 23 years in business, 18 years of real-world CPV deployments, and eight generations of system development, Amonix is the proven best choice for utility-scale solar in sunny and dry climates. Designed for utility-scale installations, Amonix ­systems deploy quickly and achieve optimal performance and reliability while delivering renewable energy at industry-leading low operating costs based on 29% system efficiency (33% module, 40% production cell).

Technology:
CPV technology uses optics to focus large amounts of sunlight onto small photovoltaic surfaces to generate electricity more efficiently than other solar technologies. CPV has higher efficiencies, higher energy yield and lower overall system costs than traditional PV in sunny and dry climates and requires no water in operation, less land and is less disruptive to the land than Concentrated Solar Power (CSP). As a result, CPV has the potential to displace traditional PV and CSP in utility-scale projects in sunny and dry climates.

Product:
The Amonix 7700 CPV solar power system is powered by the world’s most efficient multijunction solar cells and delivers system efficiencies greater than 29% (31% module and 40% production cell). The system consists of seven proprietary MegaModules and uses dual-axis tracking, generating more than 40% more energy than conventional fixed-tilt solar panels.

Founded:
1989, privately held

Leadership:
Patrick McCullough, Chief Executive Officer
Vahan Garboushian, Founder and Chief Technology Officer
Robert Williams, Chief Financial Officer
Guy Blanchard, Senior Vice President, Sales and Corporate Development
Steve Schell, VP Engineering

Board of Directors:
Jan van Dokkum, Chairman of the Board, Kleiner Perkins Caufield & Byers
Ben Kortlang, Partner, Kleiner Perkins Caufield & Byers
Mark Cirili, Independent Director, MissionPoint Capital Partners
Zeb Rice, Managing Partner, Angeleno Group
Shrikant Sathe, General Partner, Vedanta Capital

Funding:
Amonix received $129.4 million in a Series B financing round, which closed in April 2010. Amonix previously raised $25 million in Series A funding, and also received $15.6 million in grant funding through the Department of Energy Solar America Initiative (SAI).

Investors:
Kleiner Perkins Caufield & Byers
MissionPoint Capital Partners
Angeleno Group
PCG Clean Energy & Technology Fund
Vedanta Capital
New Silk Route
The Westly Group
Adams Street Partners
Goldman Sachs
Vedante Capital


Headquarters:

Seal Beach, California, USA 

For More Information: 
PR@amonix.com
 

copyright

Copyright 2012 Amonix Inc. All rights reserved.
Amonix, Inc. • 1709 Apollo Court, Seal Beach, CA 90740 USA • 562.200.7700