Global Solar Energy Sells Portable Business To Focus On BIPV

Posted by SI Staff on April 24, 2012 No Comments
Categories : New & Noteworthy

Global Solar Energy Inc., a manufacturer of flexible solar technology, has engaged FTI Capital Advisors LLC (FTICA), the wholly owned investment banking subsidiary of FTI Consulting Inc., to conduct an asset sale of its portable products business.

Through this sale, Global Solar believes it will be better positioned to grow other key business units serving the building-integrated photovoltaic (BIPV) market.

‘The sale of the portable solar business enables Global Solar to increase focus on our core product lines, namely copper indium gallium diselenide solar cells for [original equipment manufacturers] such as Dow Solar,’ notes CEO Jeffrey Britt.

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