Westinghouse Solar, CBD Energy to merge
In a move that’s sure to require some shrimp on the Barbie. U.S.-based Westinghouse Solar Inc. and Australian-based CDB Energy have signed a letter of intent to merge. The agreement will allow both companies a chance to expand their reach internationally.
Westinghouse Solar is a PV manufacturer that specializes in AC PV modules—modules with microinverters. And CBD is a renewable energy company that specializes in wind, solar and other forms of renewable energy.
The proposed merger builds on the relationship established late last year, when CBD Energy invested $1 million in Westinghouse Solar. (more…)

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