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[/B]
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