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XET announces photovoltaic power extraction breakthrough
(06/01/2009)

XET has executed an option agreement to sell its technology for $100 million to EOS Renewable Technologies. In a technical memorandum EOS is releasing, for the first time, data from the U.S. Army, Navy and Marines that has been declassified demonstrating significant improvements in the performance of solar energy systems using XET’s technology. These improvements represent billions of dollars in profits for solar developers while reducing the cost of solar power for everyone. The first licens... [more]

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