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 is the market-leading news portal for the global industrial gas sector, growing at an unprecedented rate and keeping its readers at the forefront of breaking news, insightful analysis and must-see features across the industry. Launched in 2004 and continually evolving, it is the only independent online news, views and intelligence portal for the global industrial gas community and the larger end-user markets – and home to the ever-increasing range of gasworld platforms.
To find out more about gasworld's advertising opportunities click here.