Energy Conversion Devices, Inc. (fka ENERQ)

[lottotix]

News: A second bidder for ENERQ
Trony Solar Holdings Bids for ECD
4 hours 28 minutes ago - SinoCast via Comtex
Trony Solar Holdings Co., Ltd. (SEHK: 2468) announced on April 25 that its indirect wholly-owned subsidiary True Solar USA Inc. has applied for bidding of Energy Conversion Devices, Inc. (ECD) and affiliated company's assets according to regulatory procedures that were ordered by the bankruptcy court of east district in (the south) Michigan, the United States.

Failing to survive the winter in PV solar sector, ECD proclaimed bankruptcy, which may be an opportunity for Chinese PV solar companies with plenty of cash.

Having over 60-year history, ECD has been a leading company in solar sector, with unique advantages especially in business application of building integrated photovoltaic (BIPV). Ener Gen brand under ECD umbrella has a good reputation in the US.

Source: www.yicai.com (April 25, 2012)