Ovonics
| Traded as | NASDAQ: ENER |
|---|---|
| Industry | Alternative energy |
| Fate | bankrupt |
| Founded | 1960 |
| Founder | Stanford R. Ovshinsky |
| Headquarters | Auburn Hills, Michigan, USA |
Energy Conversion Devices (ECD) was an American photovoltaics manufacturer of thin-film solar cells made of amorphous silicon used in flexible laminates and in building-integrated photovoltaics. The company was also a manufacturer of rechargeable batteries and other renewable energy related products. ECD was headquartered in Rochester Hills, Michigan.
Through its wholly owned Auburn Hills, Michigan subsidiary United Solar Ovonic, LLC, better known as Uni-Solar, ECD was at one time the world's largest producer of flexible solar panels. Uni-Solar panels consisted of long rectangular strips with wiring at one end, which could be glued to any suitable supporting surface. They were widely used on flat roofs, motorhomes, semi-trailer cabs and similar roles.
On February 14, 2012, Energy Conversion Devices, Inc. and its subsidiaries, United Solar Ovonic LLC and Solar Integrated Technologies, Inc. filed for bankruptcy in the U.S. United States District Court for the Eastern District of Michigan.
Energy Conversion Devices, Inc. (ECD), through its United Solar Ovonic (USO) subsidiary, was engaged in building-integrated and rooftop photovoltaics (PV). The Company manufactured, sold and installed thin-film solar laminates that converted sunlight to electrical energy.
The Company operated in two segments: United Solar Ovonic and Ovonic Materials. The Company’s USO segment consisted of its wholly owned subsidiary, United Solar Ovonic LLC, which was engaged in manufacturing of PV laminates designed to be integrated directly with roofing materials. The Ovonic Materials segment invented, designed and developed materials and products based on ECD’s materials science technology. ECD, through its subsidiaries, commercialized materials, products and production processes for the alternative energy generation (primarily solar energy), energy storage and information technology markets.
...
Wikipedia