http://sunoviaenergy.com/
Trade Alert: SUNV Up an additional 4.62% on Wednesday, Volume Heavy
Trend likely to continue Thursday।
Sunovia Energy Technologies, Inc. (OTCBB: SUNV)
Sunovia is not your typical early stage alternative energy company. To date, almost $40 million has been invested in research, product development, system integrations and the world-class facility located in Bolingbrook, Illinois, just west of Chicago.
Sunovia is now selling LED lighting products and infrared imaging technologies, and will soon complete its prototype solar chip before the end of 2009. Sunovia’s solar chip technology was recently selected by the U.S. Department of Energy for award negotiation for the Solar America Initiative (SAI) Photovoltaic Technology Pre-Incubator award as announced by Energy Secretary Steven Chu in May. The Solar America Initiative is the major U.S. program for the development and commercialization of solar energy, and the Pre-Incubator award is one of the most prestigious SAI awards.
- Sunovia has signed a contract with the Energy Commission of the Dominican Republic to install 20 MW of clean solar energy at the Parque Cibernetico in Santo Domingo (at a projected $40 million)
- Sunovia has signed a $4 million volume purchase agreement for its LED lighting products
- Sunovia has finalized a $33 million basic order agreement for Infrared wafers
Sunovia has access to over $30 million of related facilities at the University of Illinois at Chicago, the Army Research Laboratory in Adelphi, Md. and the Army’s Night Vision and Electronic Sensors Directorate at Belvoir, Virrginia.
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