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:

Zensar Technologies Ltd Board to consider Interim Dividend on Jan 24, 2017
IDFC Bank Ltd acquires 100% stake in Grama Vidiyal Micro Finance Ltd
Omega Interactive Technologies Ltd calls for Board Meeting on Feb 7, 2017
Ojas Asset Reconstruction Company Ltd calls for Board Meeting on Jan 25, 2017
GMM Pfaudler Ltd Fixes Feb 2, 2017 as Record Date for Third Interim Dividend
Balmer Lawrie Investments Ltd calls for Board Meeting on Jan 27, 2017
Rossell India Ltd calls for Board Meeting on Jan 31, 2071
Alicon Castalloy Limited calls for Board Meeting on Jan 30, 2017
GMM Pfaudler Ltd Board to consider Third Interim Dividend for 2016-17
Dish TV India Ltd to consider Q3 results on Jan 30, 2017
Gajanan Securities Services Ltd announces resignation of Company Secretary and Compliance Officer
Oriental Bank of Commerce approves nomination of Government Nominee Director
Union Bank of India calls for Committee Meeting on Jan 20, 2017
Sree Rayalaseema Alkalies & Allied Chemicals Ltd calls for Board Meeting on Jan 27, 2017
Den Networks Ltd to announce Q3 results on Jan 23, 2017
Eastern Treads Ltd bgas Business order from Karnataka State Road Transport Corporation & Rajasthan State Road Transport Corporation
ICICI Bank Ltd announces change in Government Nominee Director
Jay Bharat Maruti Ltd designates Ravi Arora as KMP
Rockon Enterprises approves appointment of Compliance Officer
Reliance Industries Q3 net profit up at Rs. 7506 crores
MPS Ltd calls for Board Meeting on Jan 25, 2017
Titan Company Ltd to migrate Gold Plus network to Tanishq network
Pradeep Metals Ltd calls for Board Meeting on Jan 24, 2017
Oscar Investments Ltd announces resignation of Company Secretary
Vaarad Ventures Ltd calls for Board Meeting on Feb 10, 2017
Astra Microwave Products Ltd calls for Board Meeting on Jan 30, 2017
Larsen & Toubro Ltd to consider Q3 results on Jan 28, 2017
Gujarat Sidhee Cement Ltd calls for Board Meeting on Jan 25, 2017
Vora Constructions Ltd calls for Board Meeting on Jan 20, 2017
Winsome Textile Industries Ltd calls for Board Meeting on Feb 6, 2017
Saurashtra Cement Ltd calls for Board Meeting on Jan 24, 2017
TechNVision Ventures Ltd calls for Board Meeting on Jan 25, 2017
Duke Offshore Ltd awarded contract for crew boat Duke Command
Dwitiya Trading Ltd calls for Board Meeting on Jan 25, 2017
Goldiam International Ltd calls for Board Meeting on Feb 13, 2017
Ester Industries plans to setup an R&D and Innovation facility at Gurgaon at an approximate cost of Rs 50 crore
Metalyst Forgings Limited approves appointment of Company Secretary and Compliance Officer
Rajinder Mohan Singh resigns as shareholder director of Punjab National Bank
TeamLease Services Ltd to acquire Keystone Business Solutions Private Limited
Technojet Consultants Ltd calls for Board Meeting on Feb 8, 2017
Gangotri Textiles Ltd calls for Board Meeting on Feb 14, 2017
Khemani Distributors & Marketing Ltd Fixes Record Date for Stock Split
Jagran Prakashan Ltd arm commences broadcast from Radio Station at Jamshedpur
RBI cancels certificate of Kashyap Tele-Medicines Ltd as NBFC
Kore Foods Ltd calls for Board Meeting on Jan 24, 2017
Quadrant Televentures issues notice to shutdown GSM operations
Raminfo Ltd signs MOU with eGram Society of Gujarat
APL Apollo Tubes Ltd completes acquisition of Blue Ocean Projects Private Limited
Dr Agarwals Eye Hospital Ltd calls for Board Meeting on Jan 28, 2017
HIL Ltd Commences Commercial Production of Dry Mix Plant at Jhajjar, Haryana


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

disclaimer copyright © 2005 - 2016