News Article
PacWest to bring DayStar's CIGS modules to Brazil
With the amount of solar potential, combined with its high electricity rates and desire to preserve the environment, Brazil is uniquely positioned for rapid growth in the solar sector
PacWest Equities has secured an invitation from the Brazilian government to install its DayStar's CIGS module production line to Brazil.
The CIGS line of solar manufacturing equipment in Brazil was acquired in a deal some analysts value at over US $55 million.
PacWest Equities is expected to open a multi-product suite of solar products for production and distribution in Brazil and other South American countries.
DayStar Technologies, Inc. holds 51 patents, patents pending, international patents, and Intellectual Property.
The technology cost over $100 million to develop, with $67 million going to Research and Development, $12 million to build the prototype line, and $27 million going to the actual production line.
The aforementioned are now in possession of PacWest Equities, Inc., and will address the construction market’s need to replace typical tinted window panes in high-rise buildings with Solar Glass Panels that generate electricity at the same time as functioning as a window, a skylight, or any other type of building cover.
