Solar Thin Films, Inc. today announced that its planned subsidiary BudaSolar Technologies Co., Ltd. (Buda) has signed a contract with Misto Services Co. Ltd. (Misto) to provide 18MW per year of Tandem Thin Layer Silicon Solar Module Process Line in the Ukraine. The total price to be paid by Misto to Buda is approximately $30,000,000 US.
As was announced on April 8, 2010, Solar Thin Films, Inc. is in the final stages of its negotiations to acquire 100% ownership of BudaSolar Technologies Co., Ltd., a Hungary-based technology company that develops thin film solar module manufacturing technologies, including Building Integrated Photovoltaics (BIPV), related equipment, and critical components of turn-key production lines and associated computer software. The parties have agreed on a five year earn out arrangement and believe that their agreement will be finalized within the next couple of weeks.
发表于 2010-6-10 08:39:32
