Flexible Electronics News

Greatcell Solar – Financing & Commercialization Update

Expects to complete US$8 million capital raising, equipment supply and technology transfer agreement in next 10 to 15 days.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Greatcell Solar advised that it is nearing completion of the financing of its continuing operations, including the establishment of a world-class prototype facility, and expects to complete a US$8 million capital raising and associated equipment supply and technology transfer agreement in the next 10 to 15 business days.   In March, the company elected to undertake voluntary suspension pending the financing of its A$10M- $12M Major Area Demonstration (MAD) prototype facility at CSIRO in Melbou...

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