Tuesday, June 30, 2009

Pyron Solar Acquired By Ellis Energy Investments

San Diego-based Pyron Solar, a manufacturer of solar concentrators for the utility scale solar market, has been acquired. According to Ellis Energy Investments, it acquired the assets of Pyron, and will be adding the firm to its portfolio of companies. Financial terms of the acquisition were not disclosed. Pyron Solar develops a solar concentrator which was being applied to solar plants for utilities; the firm had scored an undisclosed amount of venture capital from investment firm New Energies Invest (NEI).

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