GT Advanced Technologies Inc., has announced that it has secured a project win for its proprietary, next-generation HiCz continuous feeding puller technology that is expected to help enable the solar industry’s transition to higher efficiency, lower cost solar material. The company has entered into an agreement with Qatar Solar Energy (QSE) to supply its HiCz(TM)200 furnaces for QSE’s integrated PV manufacturing project in Doha, Qatar. QSE has opened a 300MW integrated facility and plans for the project to reach 2.5GW. The supply agreement is subject to QSE’s receipt of government approvals and financing, at which time GT would expect to receive the equipment order.- Dyadic International, Inc. a global biotechnology company focused on the discovery, development, manufacture and sale of enzymes and other proteins, announced today the appointment of Michael Tarnok to the company’s Board of Directors. Mr. Tarnok will also serve on the company’s audit and compensation committees.
- Sustainable Energy Fund invites not-for-profit and governmental entities in Pennsylvania to apply for a limited number of loans or leases at zero percent financing to complete energy efficiency or renewable energy projects. Projects must reduce energy consumption of non-sustainable resources or generate energy from sustainable resources. Total available funding through the Sustainable Energy Finance Program is $425,000 with funding ranging from $5,000 to $85,000. All applications will be graded using a merit-based matrix.
- BioFuel Enery Corp. has announced it has entered into a definitive agreement with certain affiliates of Greenlight Capital, Inc. and James R. Brickman pursuant to which the Company will acquire the equity interests of JBGL Builder Finance LLC and certain subsidiaries of JBGL Capital, LP (collectively, “JBGL”) from Greenlight and Brickman. Pursuant to the terms of the Agreement, the Company will acquire JBGL for $275 million, payable in cash and Company common stock. The cash portion of the purchase price will be funded from the proceeds of a $70 million rights offering to be conducted by the Company and approximately $150 million in debt financing provided to the Company by Greenlight.
