Equity Solar Signs Commercial Validation Agreement With Fraunhofer

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San Alselmo, Calif.-based Equity Solar Inc. has entered into a validation agreement with Fraunhofer USA's Center for Sustainable Energy Systems (CSE).

Under the terms of the agreement, Fraunhofer will provide comprehensive experimental validation of a solar technology that Equity Solar has licensed from Special Materials Research and Technology Inc. (SPECMAT). SPECMAT's CEO, Dr. Maria Faur, will support Fraunhofer in this process.

‘Dr. Faur had provided us with some compelling technical validation prior to us licensing the technology,’ states Chester Aldridge, chairman of Equity Solar. ‘We've hired Fraunhofer to take the validation one step further, assessing all aspects of the technology individually and together, and to evaluate its readiness for commercialization.’

SOURCE: Equity Solar Inc.

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