DayStar Gets Booted by Landlord; Decides to Outsource $DSTI – July 22, 2010
Remember that Bruce Springsteen song “Out in the Street” from “The River?”
DayStar Technologies is living it today.
The early, and now faltering, pioneer in copper indium gallium selenide (CIGS) solar cells reported today that it will seek partners to produce its panels overseas. The company will also entertain joint ventures and licensing.
Finding manufacturing partners may not be easy. While contract manufacturers are available for assembling modules or producing crystalline silicon solar cells, CIGS remains a rarefied art. Only a few companies–Global Solar, Miasole, Solyndra–actually produce CIGS modules and even then manufacturing remains in relatively conservative modules. Mass manufacturing finickyCIGS modules remains a challenge.
The shift in part likely has to do with information disclosed in an SEC filing this month.