ECD is looking north for new business. It will partner San Francisco-based MP 2 Capital to develop rooftop installations in the hot Ontario market, where a new feed-in tariff is attracting renewable-energy developers. ECD will work with Ontario-based developer Rumble Energy on an expected 10 megawatts of projects by October 2010.
ECD looks north as sales head south
Energy Conversion Devices' (ECD) sales in the latest quarter were $42.9m, down more than 55% from a year earlier. A sluggish construction market hurt its building-integrated, thin-film solar-laminate business.
12 November 2009 23:00 GMT
Updated
25 November 2012 10:43 GMT
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