After making a public appeal for investors, MiaSole has found a suitor in Hanergy, a large renewable energy company in China that just bought another solar equipment maker in Germany. The $30M sales prices of MiaSole shows how cheap solar manufacturing assets can be picked up.
What’s new with venture-backed solar thin film maker HelioVolt? The company has stayed fairly quiet since a big funding announcement last fall and is taking part in a small project in its hometown of Austin, Texas.
Solar thin film maker Energy Conversion Devices held on for much longer than what some industry watchers had expected, but at the end, the Michigan company couldn’t resuscitate its downward spiral and on Tuesday announced it’s filing for bankruptcy.