Konarka

About Konarka

Konarka Technologies was a solar energy company founded in 2001 by Sukant Tripathy as a spin-off from the University of Massachusetts Lowell.

The company specialized in the development and manufacturing of polymer-based organic photovoltaic (OPV) technology. This technology was used to create flexible, plastic solar films that could convert both sunlight and indoor light into energy. The goal was to provide a source of renewable power in a variety of form factors for commercial, industrial, government, and consumer applications.

Konarka's business model was focused on advancing and commercializing its nano-enabled polymer photovoltaic materials. The company raised over $170 million in private capital and received $20 million in government grants to fund its research and development efforts.

Despite its significant funding and technological advancements, Konarka Technologies filed for Chapter 7 bankruptcy in May 2012. The bankruptcy was attributed to the company's failure to secure additional funding to continue its operations.