Mississauga, ON -- (SBWIRE) -- 06/23/2016 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "SolarWindow Technologies Raises More Than $4.3 Million of Capital As It Moves Closer To Commercialization."
Companies mentioned in this article include Tesla Motors Inc. (NASDAQ:TSLA), SolarCity Corp. (NASDAQ:SCTY) and SolarWindow Technologies Inc. (OTCQB:WNDW).
Article Excerpt:
Earlier this week, Tesla Motors Inc. (NASDAQ:TSLA) offered to acquire SolarCity Corp. (NASDAQ:SCTY) in all stock transaction that values SCTY at $2.8 billion. TSLA's CEO Elon Musk, interestingly, is also the Chairman and the largest shareholder of SolarCity.
Tesla's offer was not received well by investors though. The company's shares fell sharply following the announcement even though Musk tried to highlight the deal's benefits. The last few years have been difficult for the solar industry due to intense competition although several high profile investors, including Warren Buffett have ventured into the sector. Indeed, given the shift towards clean energy, the solar industry will continue to attract investor interest.
This morning, SolarWindow Technologies Inc. (OTCQB:WNDW), a Columbia, Maryland-based company engaged in the development of transparent electricity-generating coatings for commercial windows on skyscrapers and tall towers, announced that it has raised more than $4.3 million of capital. The capital will be used to further its commercialization plans.
The full version of this article can be found at:
http://www.allpennystocks.com/aps_us/special-reports/649/solarwindow-technologies-raises-more-than-43-million-of-capital-as-it-moves-closer-to-commercialization.htm
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