67 WALL STREET, New York - February 21, 2013 - The Wall Street Transcript has just published its Alternative Energy Report offering a timely review of the sector to serious investors and industry executives. This special feature contains expert industry commentary through in-depth interviews with public company CEOs and Equity Analysts. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.
Topics covered: Grid Parity Timelines for Alternative Energy - Asia Pacific Demand for Solar Energy - Alternative Energy Generation - Solar Energy Pricing - Government Subsidies and Regulation - The Rise of the Energy Efficiency Market - LED Adoption in Large-Scale Projects - Long-Term Opportunities in Emerging Markets - Solar Growth Drivers and Headwinds
Companies include: DayStar Technologies Inc. (DSTI) and many more.
In the following excerpt from the Alternative Energy Report, the Senior Strategic Adviser and President of DayStar Technologies, Inc., discuss company strategy and the outlook for this vital industry.
TWST: Give us a history and basic overview of DayStar Technologies.
Mr. Matvieshen: DayStar started by developing CIGS technology, which is a fairly effective technology and has one of the broadest bands of light absorption of all the conventional solar modules. The technology has some significant potential for solar developments, and really could become one of the more significant technologies out there. The company got to the point where it had developed a process and developed special equipment to produce the modules and then really just ran out of money.
Since then, the company has been looking at how to manage the intellectual property they had developed. The company decided it would need a significant investment to build a fully functional facility for manufacturing solar panels.
However, with what's happened in the world over the last couple years with solar panels and solar modules, the company decided to not move ahead with manufacturing. The company has decided to take the technology that it has developed and license it and or joint-venture it with the other manufacturers that want access to DayStar's specific type of technology, which really has some unique markets opportunities.
DayStar's technology can be used to make modules and or to build windows, giving you windows and a power-generating system all in one. In any event, the board agreed to pursue that strategy, and now it is going in front of the shareholders for a vote to approve a deal, and the board is confident that this is the right move and that it will pass.