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WorldWater And Solar Technologies Renamed Entech Solar
Fort Worth TX (SPX) Jan 20, 2009 WorldWater and Solar Technologies has changed its corporate name to Entech Solar, Inc., effective January 12, 2009. The Company's ticker will remain "WWAT.OB" temporarily until the Company is reassigned a new one. ENTECH, Inc. will continue as a subsidiary of Entech Solar, Inc. "Entech Solar is a name that more accurately reflects the transformation of our business since our acquisition of ENTECH in January 2008," said Frank Smith, Entech Solar's CEO. "Today, we are a concentrating solar technology company focused on providing our advanced, cost-competitive modules to commercial and industrial customers. "Entech's core strategy will be on manufacturing and selling the company's breakthrough ThermaVolt product, a combined photovoltaic and thermal concentrating solar system." WorldWater and Solar Technologies acquired ENTECH, Inc. in January 2008. ENTECH has been researching and developing concentrating solar systems for 25 years, making it one of the most experienced concentrating solar companies in the industry. Since the acquisition, the Company has dedicated its resources to commercializing its ThermaVolt system, which produces both electricity and thermal energy, making it one of the most efficient solar systems today. "We have seen a lot of solar technologies, but haven't found anything as exciting as the ThermaVolt system, which is a true game changer for the industry. We believe it will be the leader in the combined heat and power market," said David Anthony, Director of Entech Solar and Managing Director of 21 Ventures. In conjunction with the name change, Entech Solar has also relocated its headquarters from Ewing, NJ, to Fort Worth, TX, where its state-of-the-art, 70,000 square foot, 200MW capacity manufacturing facility is located. Related Links - All About Solar Energy at SolarDaily.com
Starwood Energy Acquires a Majority Stake in Nautilus Solar Energy
Greenwich CT (SPX) Jan 20, 2009Starwood Energy Group Global, LLC has announced an investment affiliate has acquired a majority interest in Nautilus Solar Energy LLC ("Nautilus Solar"), a leading solar power generation developer headquartered in Chatham, New Jersey, to help fund future growth of Nautilus Solar. |
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