ICP Solar Technologies Inc. (OTCBB: ICPR, FRANKFURT: K1U.F), a solar cell developer, announced it would acquire privately held Wes Power, a leader in renewable power performance management systems.
“We believe that the acquisition of Wes Power and its GreenMeter(TM) technology is strategically important for us,” said ICP Solar CEO and Chairman, Sass Peress. “When combined with our patented rooftop solar tile technology, we will now be in a position to provide our current customers, as well as new power generation channel customers, with a real-time communications interface with their systems.”
All of the ICP Solar chargers come with Plug’n’Play(TM) for quick connectivity, several adaptors for different applications including the GreenMeter(TM) which includes desktop software that records and displays the power generated from panels and up to the minute information on greenhouse gas savings.
Financial terms of the transaction were not released.
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