Thin Film Solar To Go Large

[jpak]

http://www.redherring.com/Article.aspx?a=18186&hed=Thin+Film+Solar+To+Go+Large§or=Industries&subsector=Energy

Nanosolar said Friday that it has signed an agreement with Conergy to develop large-scale solar power systems using thin-film technology.

That’s a coup for Nanosolar, a Red Herring 100 company, because Conergy is the world’s largest solar-electric system integrator. Its IPO was the second-largest in tech last year (see Big Deals: IPOs).

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Under the agreement, Nanosolar and Conergy will develop a new solar-electric system design and a new panel design that will work together in a “highly coordinated and very unique way” to produce the cheapest solar power yet, he said.

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Solar power is attracting plenty of attention as companies with new technology try to grab a piece of a market that CLSA Asia-Pacific Markets analyst Michael Rogol expects will grow from $12 billion in 2005 to $19 billion in 2006, $39 billion in 2008, and $72 billion in 2010 (see Solar Energy’s Bright Future).

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[screembloodymurder]

1. IPO?

Isn't Nanosolar a private company? If not, where does the stock trade?