Holding company Wyncrest Group Inc. plans to target acquisitions in solar nanotechnology through WynGreen, its green technology division.
WynGreen is targeting new technologies that convert sunlight into electrical energy using integrated nanotechnology for micro- and thin-film applications. WynGreen believes that by combining these two technologies, it can add significant value to its share price by the acquisition of other companies involved in these fields.
Specifically, WynGreen's strategy is to acquire or deploy proprietary technologies that will harness solar energy with a small footprint, require low capital cost and low operating cost, become an integral building and construction material, bring value to commercial product applications and have the ability to be rapidly and economically deployed to sites worldwide.
Source: Wyncrest Group