Open Energy Corporation becomes Applied Solar, Inc. in name and strategy change

Facebook
Twitter
LinkedIn
Reddit
Email

Open Energy Corporation has decided to change its name to Applied Solar, Inc. The company’s name and strategy change arose from its decision to shift the company focus from a manufacturing model to a licensing model to better market its BIPV products. The name is intended to reflect the company’s move toward a new business model, which will focus more on commercial and residential solar technologies, while the recent signing of a manufacturing, distribution and marketing agreement with a Suntech affiliate should cement the company’s decision to concentrate on research and development.

“We executed this name change to make it clear to our stockholders, business partners and customers that we are focused on and committed to offering a full suite of solar solutions in a business model that we believe best leverages our core competencies,” said David Field, President and CEO of Applied Solar. “Our decision to focus on innovative residential and commercial solar products reflects our ability to be at the forefront of industry trends and quickly capitalize on market opportunities.”

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Read Next

February 6, 2025
The deal was signed with the Energize programme, a renewable energy purchasing vehicle for pharmeceutical companies.
February 6, 2025
The levelised cost of electricity (LCOE) for a number of clean power industries will fall by between 2-11% year-on-year by the end of 2025.
February 6, 2025
Solar module prices in Europe have risen after months of decline, driven by price increases from Chinese manufacturers and a tight supply of popular modules in the European market.
Premium
February 6, 2025
Donald Trump's latest tariff threats will have only a minimal impact on PV manufacturing but could create future procurement headaches, write Jonathan Touriño Jacobo and Will Norman.
February 6, 2025
Exports of both PV cells and module from China in 2024 reached new highs, according to recently released customs data.
February 6, 2025
Samsung C&T Renewable Energy Australia has submitted a 250MW solar-plus-BESS site in New South Wales to the Australian government’s EPBC Act.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
February 17, 2025
London, UK
Solar Media Events
February 19, 2025
Tokyo, Japan
Solar Media Events
March 11, 2025
Frankfurt, Germany