The San Jose, California company notified the Mississippi Department of Employment Security earler this week that it plans to shutter its plant Dec. 13, and that it is seeking a purchaser who will run it. Sale proceeds would go to creditors, a possible alternative to a bankruptcy filing.
Stion raised more than $200 million from private investors, including Khosla Ventures, which holds a controlling interest in the company.
Stion blames its closure on unfair foreign competition, and says that if President Donald Trump imposes anti-dumping tariffs on foreign solar panel makers, it might be able to sell the Hattiesburg plant. (Source: Stion, SacBee, 17 Oct., 2017) Contact: Mississippi Development Authority Stion Corp. (601) 545-7515, www.stion.com
More Low-Carbon Energy News Mississippi Development Authority, Solar, Stion,
The cleantech firm claims its patented new metaSOLAR cells are 70 pct thinner than those presently available and can collect and utilize light from all directions and perform at a higher efficiency than competing products.
(Source: SDTC, Metamaterial Technologies, CleanTech Canada, 13 Oct., 2017) Contact: Metamaterial Technologies, George Palikaras,CEO, (902) 482-5729, www.metamaterial.com; Sustainable Development Technology Canada, www.sdtc.ca
More Low-Carbon Energy News Sola, Thin Film Solar, Solar Cell, SDTC,
The two firms will initially integrate thin-film solar cells in the panoramic roof of Audi models with the aim feeding solar energy into the vehicle's electrical system , including air conditioning and other electrical appliances. In time, the solar power will be integrated into the vehicle's drive train battery for additional primary power.
The two firms plan to jointly present an Audi vehicle prototype featuring an integrated prototype solar roof by the end of 2017.
Alta Devices Inc. is a leading manufacturer of GaAs thin film cell devices and a supplier of mobile energy application products. It has the world's thinnest, lightest, flexible GaAs thin film solar technology with the highest conversion efficiency. (Source: Hanergy Thin Film Power Group Limited, CNW, 23 Aug., 2017)
Contact: Hanergy, +86 10 8391 4567, www.hanergy.com; Alta Devices, (408) 988-8600, www.altadevices.com; Audi AG, www.audi.com/corporate/en.html
More Low-Carbon Energy News Hanergy, Audi, Solar, Solar Cell, Thin Film Solar,
Magnolia Solar, which was acquired by Ecoark in 2016, develops flexible, lightweight, high-efficiency solar cell technologies for a wide range of applications. The company's technology portfolio includes nanostructured antireflection coatings, advanced thin film photovoltaic absorber structures, and novel low-cost manufacturing processes. Magnolia Solar is now the assignee of seven U.S. Patents and has 16 additional patent applications that are at various stages of review at the U.S. Patent Office. These issued patents describe and protect Magnolia Solar's innovations in the field of high-performance, lightweight flexible solar cells for photovoltaic applications and expands the intellectual property portfolio to these issued patents.
(Source: Ecoark, Magnolia Solar, MarketWire, 4 April, 2017) Contact: Magnolia Solar, (518) 618-4200, www.magnoliasolar.com; EcoArk, Randy May, CEO, (479) 259-2977, firstname.lastname@example.org, http://www.ecoarkusa.com/
More Low-Carbon Energy News Magnolia Solar, Thin Film Solar, Solar Cell, Solar,