The GaAs based solar cell manufacturer is planning to replace Denis Colbourne from its Board of Directors after his announcement of retirement. Two nominees have been since proposed; Christopher Grasset and Tristram Collins.
The firms will benefit equally from a jointly developed solar patent related to CdTe solar technology. Contracts between the companies relating to the joint development of CdTe solar technology are terminated without further obligation.
The multi-junction tandem solar cell initially developed at NREL has proved to be an important strategy to understand how to boost the efficiency of corn, grasses, algae, and other plants that use photosynthesis to produce stored solar energy in plants.
The EMEA optical network hardware market is forecast to make an overall gain of about 7% in 2011 as a result of a spending recovery in Western Europe, access network deployments in the Middle East and strong growth in metro WDM equipment in Eastern and Central Europe.
GT Solar says that ARC and two of its employees have used trade secrets relating to GT Crystal Systems’ technology for manufacturing sapphire crystals, as a means of entering the sapphire crystallisation equipment business.
Revenue in the seasonally low March quarter was $325.4 million, above the Company's guidance range of $310 to $320 million, and up 37 % when compared to $238.1 million in the second fiscal quarter of 2010.