Taiwan Oasis and Solargiga to co-develop PV-powered LED streetlamps
Dawn Huang, Taipei; Adam Hwang, DIGITIMES, 18 June 2009
http://www.digitimes.com/news/a20090618PD203.html
LED packaging house Taiwan Oasis Technology has revealed that it will cooperate with China-based solar wafer maker Solargiga Energy to develop LED streetlamps powered by photovoltaic (PV) batteries. The Taiwan-based company also said it will tap the China market through investment in Solargiga. Solargiga in early June 2009 signed a cross-investment deal with Kinmac Solar, a Taiwan Oasis affiliate that makes PV modules. Solargiga will acquire a 78.93% stake in Kinmac, which in turn will obtain a 4.44% stake in the China company, according to Taiwan Oasis. Taiwan Oasis said it will sell all of its 16.29% stake in Kinmac to Solargiga and acquire a stake in Solargiga.