DayStar Technologies

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DayStar Technologies, Inc.
Public
Traded as OTC Pink: DSTI
Founded 1998
Headquarters Santa Clara, California, United States
Key people
revenue = Increase $1 million USD (2007)
Decrease-$6.5 million USD (2007)
Number of employees
109 (Q4 2009) [1]
Website www.daystartech.com

DayStar Technologies, Inc. is a publicly traded solar energy company located in Santa Clara, California. Its primary product is a thin film photovoltaic material on a glass or plastic substrate. These thin film solar modules are manufactured using copper indium gallium (di)selenide (CIGS), which has shown a 19.5% NREL efficiency in real world conditions, slightly above CdTe and significantly above amorphous silicon.[3] As part of their initiative to become a more integrated global renewable energy company, Daystar undertook to purchase Eco Energy Solutions Australia Pty Ltd on June 4, 2012 with a binding letter of intent. Daystar failed to consummate the transaction by tendering cash and shares as per this agreement. As a result, the Managing Director of Eco Energy Solutions and Daystar Technologies board member were forced to place Eco Energy Solutions into liquidation. This resulted in the lodgement of a lawsuit in the United States to recover losses from Daystar Technologies International.

References[edit]

  1. ^ "Google Finance: DayStar Technologies, Inc". Google. Retrieved 2008-10-08. 
  2. ^ "Company Profile for DayStar Technologies, Inc. (DSTI)". Retrieved 2008-10-21. 
  3. ^ "Ascent Solar: Technology About Page". Ascent Solar Technologies. Retrieved 2008-10-08. [dead link]

External links[edit]