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July 16, 2007
Troubles at Nanosolar?
Much-heralded -- and much-funded -- solar panel company Nanosolar seems to be going through some jarring high-level change. The $100m-funded company -- whose investors include Google's founders, Benchmark Capital, an Apax partnerWhy not? Because Eberspacher just joined Applied Materials:
Applied Materials, Inc. (Nasdaq: AMAT) announced today that Dr. Chris Eberspacher has joined the company’s Solar Business Group to lead advanced R&D programs. In this new role, Dr. Eberspacher will lead efforts for both silicon and non-silicon based solar materials and will report to Dr. Winfried Hoffmann, chief technology officer of Applied’s Solar Business Group. Before joining Applied, Dr. Eberspacher was most recently chief scientist at Nanosolar, Inc., a solar start-up focused on roll-to-roll processing of thin-film photovoltaic (PV) products.[Update] After posting this I received a note from Nanosolar CEO Martin Roscheisen. He says that Eberspacher actually "disengaged" with Nanosolar "almost two months ago", well before joining AMAT. Martin went on to argue that Eberspacher's departure wasn't that big a deal, a point upon which we apparently disagree.
[via Businesswire]
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Paul,
On a perhaps distantly related note, it is strange and interesting to me that Nanosolar (and at some other major solar cell suppliers, too), the spec sheets for their products are apparently confidential to existing or potential (major) customers only. This to me seems to contradict the "open source" approach to innovation - it's not clear to me why one wouldn't want to each the largest number of potential customers how to use the product.
Perhaps it's just more evidence that Nanosolar's products aren't / weren't real / ready to ship, contrary to their public spin.
Best,
Martin
That is a good acquisition for AMAT. Cudos to the recruiter who convinced him to leave.
Money always motivates movement by genius to the other side. Hopefully the technology is here to stay. Finally, the greed motivated buisness approach to riches will yeild positive environmental, social and global results for the entire planet. I love it. Imagine, no more smog, everyone can afford to eat, global warming calmed and no more dependency on foriegn oil. What will we be fighting over next? Clean water?
Money always motivates movement by genius to the other side. Hopefully the technology is here to stay. Finally, the greed motivated buisness approach to riches will yeild positive environmental, social and global results for the entire planet. I love it. Imagine, no more smog, everyone can afford to eat, global warming calmed and no more dependency on foriegn oil. What will we be fighting over next? Clean water?
Does Nanosolar use Amat supplied printing Machinery
Strange, Nanosolar seems not to respond to inquiry from interested companies. Is something very wrong?
How retro!