Hilco Streambank announced it is selling the intellectual property of Energy Conversion Devices and its subsidiary Unisolar.
“This is an incredible opportunity to buy thin-film flexible solar technology with two decades of R & D and field experience in the industry,” said Gabe Fried, CEO of Hilco Streambank.
The IP portfolio includes patents and trade secrets with applications for continuous feed, flexible substrate, chemical deposition, and related manufacturing processes. While the technology was originally developed for thin film photovoltaics, it has applications for CIGS manufacturers, packaging manufacturers, and other chemical deposition processes. The products ECD developed are ideally suited for off-grid and rooftop application.
Needham, MA-based Hilco Streambank, part of the Hilco Organization based in Northbrook, IL, specializes in the marketing, sale and valuation of intangible assets for businesses at all stages.