Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Union Budget
Budget 2011-2012 Home
Industry Expectations - Budget 2011-2012
Industry Reactions - Budget 2011-2012
Budget 2010-2011
Budget 2010-2011 Home
Industry Expectations - Budget 2010-2011
Industry Reactions - Budget 2010-2011
Contributor's Corner
Bonanza Portfolio
Hemant K Gupta
Krish Bhatt
S A A R T H I
Trinity Investments
Exchange Information
BSE 2009 Holidays
NSE 2009 Holidays
Investor Guide
Depository & Dematerialisation
Grievance Redressal
Investor Guide
SEBI
Trading of Securities
Transfer of Securities
Your Rights
Budget 2009-2010
Budget 2009-2010 Home
Industry Expectations - Budget 2009-2010
Industry Reactions - Budget 2009-2010
Interim Budget 2009-2010 Home
Industry Expectations - Interim Budget 2009
Budget 2008-2009
Railway Budget 2008-2009
Industry Expectations - Budget 2008
Union Budget 2008-2009
Highlights of Budget 2008-2009
Summary of Budget 2008-2009
Industry Reactions - Budget 2008
IPOs
Current IPOs
Past IPOs
IPO Subscription
Mutual Funds
Gold Exchange Traded Fund
MF Unique Holding
Forthcoming Dividends
ELSS Schemes Comparison
Tax Plans
New Fund Offers
Research
Arbitrages
Equity
Market Whispers
Tax Planning
Home
Equity Linked Savings Scheme
Post Office MIS
9% GOI Senior Citizens Savings Scheme
8% Savings (Taxable) Bonds
Kisan Vikas Patra
National Savings Certificate
Public Provident Fund
Stock Report

| More

Moser Baer Photo Voltaic invests in Stion Corporation, a breakthrough innovator of nanotechnology for solar photovoltaic industry

Posted On: 2006-11-16 02:35:36

Moser Baer India Ltd has informed that Moser Baer Photo Voltaic Ltd (MBPV), a wholly owned subsidiary of the Company, on November 15, 2006 announced that it has acquired a significant minority stake in Stion Corporation, a nanostructures technology Company based in California, formerly known as NStructures.

This investment follows the strategic equity participation in another two solar concentrator technology Company, Solaria and Solfocus, announced a couple of weeks back.

According to Ratul Puri, Executive Director, of the Company "This is yet another landmark in our quest to partner actively in the development of next generation technologies in the PV space."

The third investment is also part of the Company's earlier announcement of USD 17 million into MBPV for investing into emerging solar cell technologies. MBPV is moving towards the technological leadership in this high growth industry and developing a sustainable competitive edge by investing into disruptive technologies like Concentrator Photovoltaic (CPV), Nano technology, etc that is forcing the restructuring of the dominant solar technologies with a potential to compete with existing PV and conventional energy technologies.

Stion Corporation is a pioneer in the cutting edge Nanostructure based PV technologies. The nanostructure particles are custom tunable using several substrate materials to create multiple junction materials capable of absorbing nearly the entire solar light spectrum. This would result in very high efficiency solar cells at a low cost. The technology involves Leveraging and optimizing the existing advanced technology for nano-particles specifically for the generation of electricity from solar energy.

Ravi Khanna, CEO, Moser Baer Photovoltaic Ltd said, "This is in line with out strategy to reduce the cost of solar power generation significantly by straddling multiple future technologies and emerge as an engineering & technology driven Company. We are decisively responding to the rapidly expanding solar PV market, where worldwide demand far outstrips supply."

The global photovoltaic market is on a high growth curve - sales expected to grow over 6x to USD 40 billion by 2010. This demand is also highly price elastic. A lowering of PV electricity costs to conventional Levels could exponentially expand this market as PV starts to penetrate into base load demand of electricity.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

V-Mart Retail Ltd opens new store in UP
CES Ltd announces resignation of Director
Premco Global Limited Fixes Book Closure For Final Dividend & 33rd AGM
Dhunseri Petrochem Ltd increases stake in associate company
Enkei Wheels India Ltd Fixes Book Closure for 8th AGM
Royal Orchid Hotels adds 1 more hotels to its Portfolio
Amtek Auto Ltd approves appointment of President and Group CFO
Vedanta Limited Fixes Book Closure for 52nd AGM
Vindhya Telelinks Ltd Fixes Book Closure for Dividend & 34th AGM
Capri Global Capital Limited Fixes Book Closure for Final Dividend & 23rd AGM
Birla Cable Ltd Fixes Book Closure for 25th AGM
Balkrishna Paper Mills Ltd Fixes Book Closure for 4th AGM
Atishay Ltd Fixes Book Closure for 17th AGM
Basant Agro Tech India Ltd announces demise of Independent Director
SSK Lifestyles Limited acquires 100% in company engaged in areas of Pro-biotics
Asian Paints introduces "Signature Look"
Automotive Stampings and Assemblies Ltd calls for Board Meeting on July 28, 2017
Infosys Settlement with New York Attorney General
Mahindra & Mahindra Financial Services Ltd calls for Meeting on June 29, 2017
United Van Der Horst Ltd announces resignation of independent director
IFGL Refractories Ltd announces merge of subsidiaries in Germany
Royale Manor Hotels and Industries Limited calls for Board Meeting on June 30, 2017
Crest Ventures Limited increases stake in Crest Wealth Management Private Limited to 62%
Capri Global Capital Limited Book Closure For Dividend & 23rd AGM
Religare Enterprises Ltd calls for Board Meeting on June 29, 2017
Mangalam Industrial Finance Ltd approves voluntary delisting from Calcutta Stock Exchange
Thirani Projects Ltd approves voluntary delisting from Calcutta Stock Exchange
JLF invokes S4A scheme for Bajaj Hindusthan Sugar Ltd
Bombay Burmah Trading Corporation Ltd issues commercial paper of Rs. 50 crores
Ajay Prakash Sawhney ceases to be Director of Indian Oil Corporation Ltd
Ceat Ltd approves investment in Tyresnmore Online Pvt Ltd
B&A Packaging India Limited announces resignation of CFO
Hind Aluminium Industries Ltd announces resignation of Independent Director
BHEL registers significant increase in Intellectual Capital
TCS Ranked as a Top Employer of US Talent in the IT Services Sector
Aruna Hotels Limited calls for Board Meeting on June 30, 2017
Pincon Lifestyle Ltd calls for Board Meeting on June 29, 2017
Veto Switchgears and Cables receives order
KGN INDUSTRIES LTD approves appointment of KMP
TV Today Network Ltd invests in Mail Today Newspapers Pvt Ltd
Rishiroop Ltd assigned CRISIL A3+ rating for NCRPS
Sinclairs Hotels Ltd Board accepts resignation of 4 directors
Sanwaria Agro Oils Ltd to consider first quarter results on July 7, 2017
Zuari Agro Chemicals Ltd Fixes Book Closure for 2016-17 Dividend & AGM
Texel Industries Ltd appoints CFO
Tata Capital withdraws winding up petition against 3i Infotech Ltd
Modison Metals Ltd Fixes Book Closure for 2016-17 AGM
Kabra Extrusiontechnik Ltd Fixes Book Closure for Dividend & 34th AGM
Lakshmi Vilas Bank Ltd announces retirement of S G Prabhakharan
Prism Cement Ltd to approve Q1 results on Aug 8, 2017


Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2017