SUNV - Sunovia Energy Technologies Inc
Sunovia In Great Position To Take Off (OTC:SUNV) | FavStocks
Sunovia In Great Position To Take Off (OTC:SUNV) By Mike Murphy on 10/23/2009 – 7:30 am PDT
Sunovia Energy Technologies, Inc. (OTC:SUNV), a Florida based company that commercializes LED and Solar Technologies, released a press release last month stating that they have Shattered the World Record Open Circuit Voltage (Voc) for Cadmium Telluride (CdTe) Thin Film Solar Cells by over 45%.
According to Dr. Michael Carmody, Senior Director for Development of Photovoltaic Materials at EPIR Technologies, “These are by far the highest Voc measurements ever exhibited by a CdTe-based solar cell. There is no data in the literature that comes close to what we have achieved, and we believe that our two-junction device also represents the first ever high efficiency monolithic, two-junction solar cell using CdTe or any other II-VI material. The company’s two-junction II-VI on Silicon design will reach production efficiencies over 35% and will cost only a small fraction of the cost of three-junction III-V solar cells. This is really a breakthrough in solar technology and EPIR technologies made it happen with Sunovia.
Sunovia owns the exclusive marketing rights to products produced by EPIR Technologies, Inc., including infrared sensors and devices for the civilian and military night vision markets. Sunovia owns a significant equity interest in Illinois-based EPIR Technologies, Inc. EPIR holds the patent for growing CdTe directly on a Si readout integrated circuit, for which the company developed a manufacturing capability with Congressional support. Sunovia and EPIR co-own the solar technologies and solar products that are developed under the Exclusive Partnership Agreement. This is where the government connection comes into play.
As of September 10th before the major breakthrough this was released that Senator **** Durban the Assistant Senate Majority Leader **** Durbin the first United States Senator to support the presidential candidacy of Barack Obama approves $52 million in defense funding for projects in Illinois. Out of that 52 million $9,000,000 in funding was given to EPIR to construct a research and manufacturing facility that will fabricate millions of cells using single-crystal cadmium telluride technology. Not only that on but a couple months earlier a form 4 Sec filing of Sunovia technology was found that showed EPIR technologies bought 19,900,498 shares in August.
It just keeps getting better, the senior advisor of Sunovia really took me by surprise because its Ken Juster the former U.S. Under Secretary of Commerce from 2001-2005. Mr. Juster currently serves on the President’s Advisory Committee for Trade Policy and Negotiations and serves as Executive Vice President, Law, Policy and Corporate Strategy for Salesforce.com, one of the world’s largest and fastest-growing Web 2.0 companies. The connections run deep in this company to the current executive branch and the breakthrough technology is really undervaluing this company as a whole both in the market cap and in the market. I hope this insight provided by me is to your liking as it is mine.
SUNV is currently consolidating sideways and building in accumulation and once this .12 and .13 major resistances are cleared I see this taking off for a large breakout the fundamentals are just too strong.
More info I forgot to add in the article.
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.
I would wait to buy as stockstobuy.org is promoting it and once the dumping is over then it will be a good time to get in. Can anyone tell me why this would be a better choice over:
Catalyst Lighting Group, Inc. - Google Finance
Lumonall, Inc. - Google Finance
The fact that this is focusing on solar, right/
What makes Sunovia different than other solar energy companies?Originally Posted by g1s
Sunovia is in the forefront of developing Solar 2.0, which will make solar energy more cost-efficient and practical than ever before.
Sunovia has an exclusive partnership with EPIR Technologies, which develops and supplies advanced infrared technology and products to the U.S. Army and Air Force. Sunovia and EPIR are using that technology to “leverage the night to power the day.”
EPIR’s technology has been thoroughly tested and validated by U.S. Army and independent National Renewable Energy Labs.
Sunovia has at least an 18-month lead in developing Solar 2.0.
Sunovia has a growing revenue stream from the EvoLucia Lighting Division to fund Solar 2.0 development.
EvoLucia Lighting enjoys a competitive advantage in the LED marketplace with lower-cost, longer-lasting, safer lighting solutions enabled by proprietary photometrics.
Nice day today up 23%
whatch for a break of 0.12 !
sorry, long term resistance is at 0.125
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