Located in the state of Texas, TransAct Energy’s focus is on energy produced from geothermal, solar fuel cells and municipal waste. Today, TransAct Energy took a step towards prominence with the announcement they have secured a photovoltaic license and locked down manufacturing and distribution of the cutting edge solar technology in Asia.
The license was granted by Square One Solar Systems Inc. to manufacture, market, distribute, sell, license and resell its proprietary photovoltaic solar technology across the globe. The solar panels manufactured by Square One utilize simple screen-printing technology.
Leading the way at TransAct Energy is Rod Bartlett who serves as the company’s President and CEO. Commenting on TransAct Energy’s relationship with Square One, Bartlett was quoted as saying, “As one of the tools in our sustainable energy tool box TransAct needed a solar technology that could make a difference. We went looking for a solar technology that could be produced for less, had a greater range of applications and overall was capable of greater operating efficiencies. We found Square One’s thin film technology; current estimates place the cost of production at $0.70 USD per watt, a new milestone for solar. With none of the limitations of traditional silicone technologies Square One has a much broader range of applications.”
To learn more about TransAct Energy Corp., visit the company website at: www.transactenergy.com.
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