Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) today announced that it has concluded the divestment of its photovoltaic and specialised materials (e.g. semiconductor and sapphire glass industries) wafering equipment and service business to Precision Surfacing Solutions (PSS). The sale was agreed and announced on February 7, 2019. The purchase price is CHF 50 million in cash and the contract includes an earn-out component based on certain revenue levels in 2019.
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Airborne Wind Energy developer Kitemill receives €2.5m cash boost from EIC (European Innovation Council) to accelerate commercialisation
Voss, Norway, July 22, 2024 – Airborne Wind Energy (AWE) developer Kitemill has secured €2.5million from the EIC (European Innovation Council) to accelerate the commercial launch of its novel technology. The multi-million-euro cash injection marks a significant milestone for Kitemill and its pioneering KM2 system (*see notes to editors) which received commendation from the EIC… Read more »
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The UK Government today (July 18) announced the formation of an Onshore Wind Industry Taskforce.
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Busch Group at the Company Cup in Annecy
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