This Week
  • High-end project is underway in Perinton.

  • Pride in ownership is the foundation of the H&C Tool Supply Corp.

  • The new edition of Explore Greater Rochester is here.

  • Sheldon Shear and Robert Cherry followed in their dads' footsteps at Economy Paper.

  • With falling prices, are commodities a bargain investment or a risky bet?

  • John Johnson introduced software to help guide Baldwin Richardson Foods Co.

Natcore Technology plans joint venture in Australia

Rochester Business Journal
July 7, 2014

Natcore Technology Inc., whose research and development is done at the Eastman Business Park, has begun planning a joint venture to produce solar cells and solar panels in Australia, company officials announced Monday.

Natcore signed a memorandum of understanding last September with Denzo Pty Ltd. to form Natcore Australia as the country’s exclusive licensee for Natcore’s intellectual property, officials said.

Denzo, which has its headquarters in Terrigal, New South Wales, plans to locate Natcore Australia in New South Wales or Queensland, officials said.

“In addition to being a free-standing company in which Natcore will be a partner, the joint venture will also be our customer,” Natcore president and CEO Charles Provini said in a statement.

“Natcore Australia will be a licensee of Natcore Technology,” he said. “They’ll pay royalties for our technology and they’ll buy our chemicals.”

Natcore has its headquarters in Red Bank, N.J.

(c) 2014 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or email service@rbj.net.


What You're Saying 

There are no comments yet. Be the first to add yours!

Post Your Own Comment

 
Username:
Password:

Not registered? Sign up now!
 

To Do   Text Size
Post CommentPost A Comment eMail Size1
View CommentsView All Comments PrintPrint Size2
ReprintsReprints Size3
  • E-mailed
  • Commented
  • Viewed
RBJ   Google