QSolar Limited (CNSX: QSL) Began Trading on the CNSX - Investmentpitch.com Posts Video News Alert
(Thomson Reuters ONE) -
Vancouver, British Columbia, April 13, 2011 - QSolar Limited (CNSX: QSL) is one
of the latest new listings on the Canadian National Stock Exchange, better known
as the CNSX, and trades under the symbol QSL.
To view the InvestmentPitch.com video news alert about QSolar Limited, click
here. If the link is not enabled, please visit www.InvestmentPitch.com and enter
"QSolar" in the search bar.
QSolar is a leading solar energy company with patented applications on different
manufacturing processes, which result in significantly lowering the cost of
solar panels.
Conventional wafer manufacturing processes consist of growing large ingots of
silicon crystals in furnaces and cutting them into thin wafers using wire saws.
This process results in material loses of up to 50% from the silicon dust
produced during cutting.
QSolar's new process eliminates this waste by using a proven metal casting
method to manufacture individual wafers in graphite crucibles, which eliminates
any cutting, thereby eliminating any waste. This saves up to 50% of the silicon
material which in turn saves up to 20% of the cost of the finished solar module.
They expect, during 2011, to be the first company in the world to reach grid
parity by breaking the $1.00 per watt for polycrystalline panels. Grid parity is
reached when the cost of solar electricity equals the cost of conventional
electricity produced by fossil fuel.
Although headquartered in Calgary, their main market is in Europe.
They've announced a non-brokered private placement and intend to raise $1.5
million from the issuance of $0.10 units.
For more information, please visit QSolar's website at www.qsolar.net, phone
403-775-1266 or by email info(at)qsolar.net.
InvestmentPitch.com, a multimedia company, provides a combined solution for
creating, hosting, and distributing video content for public companies.
CONTACT:
InvestmentPitch.com
Barry Morgan, CFO
bmorgan(at)investmentpitch.com
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Source: InvestmentPitch via Thomson Reuters ONE
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Unternehmensinformation / Kurzprofil:
Datum: 13.04.2011 - 17:55 Uhr
Sprache: Deutsch
News-ID 53496
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Kategorie:
Business News
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