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QSolar Limited (CNSX: QSL) Began Trading on the CNSX - Investmentpitch.com Posts Video News Alert


April 13, 2011 - London

Vancouver, British Columbia, April 13, 2011 - QSolar Limited (CNSX: QSL) is one of the latest new listings on the Canadian National Stock Exchange, better known as the CNSX, and trades under the symbol QSL.

 

To view the InvestmentPitch.com video news alert about QSolar Limited, click here. If the link is not enabled, please visit www.InvestmentPitch.com and enter "QSolar" in the search bar.

 

QSolar is a leading solar energy company with patented applications on different manufacturing processes, which result in significantly lowering the cost of solar panels.

 

Conventional wafer manufacturing processes consist of growing large ingots of silicon crystals in furnaces and cutting them into thin wafers using wire saws. This process results in material loses of up to 50% from the silicon dust produced during cutting.

 

QSolar's new process eliminates this waste by using a proven metal casting method to manufacture individual wafers in graphite crucibles, which eliminates any cutting, thereby eliminating any waste. This saves up to 50% of the silicon material which in turn saves up to 20% of the cost of the finished solar module.

 

They expect, during 2011, to be the first company in the world to reach grid parity by breaking the $1.00 per watt for polycrystalline panels. Grid parity is reached when the cost of solar electricity equals the cost of conventional electricity produced by fossil fuel.

 

Although headquartered in Calgary, their main market is in Europe.

 

They've announced a non-brokered private placement and intend to raise $1.5 million from the issuance of $0.10 units.

 

For more information, please visit QSolar's website at www.qsolar.net, phone 403-775-1266 or by email info@qsolar.net.

 

InvestmentPitch.com, a multimedia company, provides a combined solution for creating, hosting, and distributing video content for public companies.

 

CONTACT:
InvestmentPitch.com
Barry Morgan, CFO
bmorgan@investmentpitch.com





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Source: InvestmentPitch via Thomson Reuters ONE

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