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GM Ventures Invests in Solar Power Developer Sunlogics

DETROIT – General Motors Ventures LLC announced today an equity investment of $7.5 million in Sunlogics PLC, a vertically integrated global solar energy systems provider specializing in solar project development and installation. The investment will create 310 jobs.

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GM Ventures Invests in Solar Power Developer Sunlogics

General Motors Ventures LLC announced today an equity investment of $7.5 million in Sunlogics PLC, a vertically integrated global solar energy systems provider specializing in solar project development and installation. The investment will create 310 jobs. GM also signed commercial agreements with Sunlogics for the installation of solar charging canopies at Chevrolet dealerships and GM facilities, as well as a power purchase agreement to install large-scale solar arrays at GM facilities and purchase the energy they produce.

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Local firm gets $7.5m contract from GM

A Kelowna solar power commercial installations firm has been awarded a $7.5 million contract from General Motors Ventures. The deal between GM and Sunlogics PLC was inked on Aug. 1, to develop the automaker’s electric car production infrastructure.

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Shining a Light

In addition to its multiple investments in manufacturing plants this summer, General Motors also is doing its part for renewable energy, smart grid and electric vehicle technology.

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Maker of Chevy Volt charging stations invests $30M in HQ

Sunlogics Inc., an automotive parts supplier selected by General Motors Ventures to provide solar-powered electric charging stations (pictured) for the Chevrolet Volt to 3,000 Chevrolet dealerships in North America, has built its global headquarters and a manufacturing plant in Rochester Hills north of Detroit.

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DayStar Technologies (DSTI) Announces That Former United States Secretary of Energy and Ambassador to the United Nations Under President Clinton's Administration and the Former Governor of New Mexico, William (Bill) Richardson, Joins Its Board of Directors

DayStar Technologies, Inc. (NASDAQ: DSTI) announces a new member to their Board of Directors. Former United States Secretary of Energy, former Governor of New Mexico and Nobel Prize nominee, Bill Richardson, has joined the Board of Directors of DayStar Technologies.

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Peterborough Utilities To Build 10-MW Solar Farm

Montreal, Canada [RenewableEnergyWorld.com] ICP Solar Technologies, has announced that Epod Solar, a British Columbia company, has entered into an agreement with Peterborough Utilities Inc.(PUI) to construct a 10 MW solar farm on Lily Lake Road in Peterborough, Ontario worth in excess of CAN $30 million. Construction is expected to begin within one month.

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Michael Matvieshen, Senior Strategic Adviser, and Mark Roseborough, President of DayStar Technologies, Inc. (DSTI) Interview with The Wall Street Transcript

67 WALL STREET, New York - February 21, 2013 - The Wall Street Transcript has just published its Alternative Energy Report offering a timely review of the sector to serious investors and industry executives. This special feature contains expert industry commentary through in-depth interviews with public company CEOs and Equity Analysts.

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Sunlogics expands manufacturing capacity; announces strategic plans

New solar start-up Sunlogics has acquired two photovoltaic module manufacturing facilities. In an interview with pv magazine the company unveils its strategies going forward, including its Chinese ambitions.

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GM-backed Sunlogics Buys Solar Plants, Raises $6 Million

Calif., USA -- Sunlogics was relatively unknown until it lined up an investment from General Motors and a potentially lucrative deal to market solar powered electric car charging stations to Chevrolet dealers earlier this year. Now it has lined up more investors and bought the private Phoenix Solar Holdings, Sunlogics announced Tuesday.

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GM Parterning with Solar Power Provider Maker betting use of sun power will double by 2016.

General Motors Ventures, GM’s private venture capital fund, will investment $7.5 million in Sunlogics PLC, a firm specializing in solar projects.The investment reflects estimates that the use of solar panels will double between now and 2016.

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Sunlogics to Announce Acquisition of EPV Solar Germany and NEW Millennium Solar Equipment Corp.

Sunlogics PLC announced that it has acquired privately-held Phoenix Solar Holdings Corp and itsoperating subsidiaries, including EPV Solar Germany GmbH and New Millennium Solar EquipmentCorp. With the completion of this transaction, Sunlogics now has the ability to manufacture solar panels,using its proprietary technology, in Europe, Asia and North America. The Company's seniormanagement team has extensive global experience in manufacturing of solar modules and engineeringand installing solar power generating facilities.

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Salamon Group Through Its Sunlogics Power Fund Has Agreed to Acquire a Solar Energy Project at General Motors Volt Factory

MODESTO, Calif. and KELOWNA, B.C., Jan. 13, 2011 (GLOBE NEWSWIRE) -- Salamon Group Inc. (OTCBB:SLMU), today announced that Sunlogics Power Management Fund Inc. ("SPFM"), whose acquisition is in concluding stages, has agreed to purchase its first General Motors solar energy project from Sunlogics Inc., the builder of solar powered charging stations for the new award-winning Volt electric car.

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GM-backed Sunlogics Buys Solar Plants, Raises $6 Million to supply solar powered electric car charging stations

Calif., USA -- Sunlogics was relatively unknown until it lined up an investment from General Motors and a potentially lucrative deal to market solar powered electric car charging stations to Chevrolet dealers earlier this year. Now it has lined up more investors and bought the private Phoenix Solar Holdings, Sunlogics announced Tuesday.Through the acquisition, Michigan-based Sunlogics gains two factories owned by Phoenix Solar’s subsidiaries, EVP Solar Germany and New Millennium Solar Equipment. One factory, at 30 MW, is located in Senftenberg, Germany and began production in 2008. Sunlogics said it plans to expand production once it lines up a government grant.

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Sunlogics Acquires Phoenix Solar Holdings

Sunlogics PLC, a vertically integrated global solar energy systems provider specializing in solar project development and installation, announced that it has acquired privately-held Phoenix Solar Holdings Corp and its operating subsidiaries, including EPV Solar Germany GmbH and New Millennium Solar Equipment Corp. With the completion of this transaction, Sunlogics has the ability to manufacture solar panels, using its proprietary technology, in Europe, Asia and North America. The Company's senior management team has extensive global experience in manufacturing of solar modules and engineering and installing solar power generating facilities.

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GM invests in Sunlogics, gives EV + PV boost

Showing it’s definitely serious about tapping the synergy between solar energy and transportation, General Motors has invested $7.5 million in Sunlogics PLC, a vertically integrated global solar energy systems provider specializing in solar project development and installation.

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Sunlogics completes acquisition of EPV Solar, New Millennium Solar Equipment

As Sunlogics closed the acquisition of privately held Phoenix Solar Holdings and its subsidiaries, EPV Solar Germany and New Millennium Solar Equipment, the company noted its new capability to manufacture solar panels on three continents: Europe, Asia and North America. The exact financial terms of the deal were not released, but Sunlogics advised that investments were made by GLG Partners, Tenor Capital, Atlas Investment Fund and Catalyst Investment Management and that it had received a US$6 million equity investment.

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Interview with the Senior Strategic Adviser & President: DayStar Technologies, Inc. (DSTI)

Michael Matvieshen is a Senior Strategic Advisor for Daystar Technologies, Inc. Mr. Matvieshen was the Founder, Chairman and CEO of Sunlogics PLC. Prior to Sunlogics PLC, he was the Founder, President and CEO of EPOD Solar Inc., a solar energy company which built over 50 solar projects in United States, Germany and Canada

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DayStar Technologies, Inc. Announces Israel's Former Minister of Energy and Infrastructures, Eliezer (Moodi) Sandberg, Joins Its Board of DirectorsTechnologies, Inc. (DSTI)

KELOWNA, B.C., Feb. 19, 2013 (GLOBE NEWSWIRE) -- DayStar Technologies, Inc. (Nasdaq:DSTI) announces Mr. Eliezer (Moodi) Sandberg, who served as the Minister of Energy and Infrastructures for Israel, has now become the newest member of its Board of Directors. Lorne (Mark) Roseborough, President of DayStar, stated, "Mr. Sandberg's experience as Minister of Energy and Infrastructure, as well as, his 14 years in the 'Knesset' makes his advice invaluable to DayStar as we move forward with our global expansion plans. Our business model calls for our renewable energy projects to grow in size and scope as we become significant suppliers of electricity to national energy infrastructures around the world."

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