By Stuart Radnedge2014-12-12T11:39:00+00:00
EMCORE Corporation, a leading provider of compound semiconductor-based components and subsystems for the fibre optics market, today announced that it completed the previously announced sale of its Space Photovoltaics Business to SolAero Technologies Corp.
SolAero is an affiliate of private equity firm Veritas Capital. In connection with the closing of the transaction, EMCORE received $150m in cash consideration, subject to a post-closing working capital adjustment.
High-concentrating photovoltaics will register a 31% compound annual growth rate to reach an installed capacity of 697mw – says Lux Research.
Month on month the gasworld website continues to be the primary portal for information, on a global scale, about our industry - be it through the provision of news and features, or information in the expansive company directory section. Launched in 2004, it is the only independent online news provider and information portal for the global industrial gas community and the larger end-user markets. The website also now incorporates news for gasworld US and Specialty Gas Report.
To find out more about gasworld's advertising opportunities click here.