Friday, February 18, 2011

HelioVolt Looking For Buyer, Says Report

Austin-based HelioVolt, which develops thin film photovoltaic solar power modules, is reportedly looking for a buyer, according to VentureWire. No details on the possibilities of a sale have come from the firm. HelioVolt is venture backed by Masdar Clean Tech Fund, Morgan Stanley, New Enterprise Associates, Paladin Capital Partners Fund, Solucar Energia, Sunton United Energy, Texas Emerging Technology Fund, and Yellowstone Capital.