SunSi Energies Inc., a provider of trichlorosilane to the solar sector, says it has increased its equity stake in TransPacific Energy Inc. (TPE) to approximately 45%.
In April, SunSi entered into an agreement to acquire a 51% controlling interest in TPE and expects to acquire the additional equity necessary to reach the 51% threshold by the end of this month.
TPE's proprietary heat-recovery and energy-conversion process uses multi-fluids to maximize heat recovery and convert waste heat directly into energy.