AstroPower's assets were acquired by GE in March of 2004 following the company's Chapter 11 bankrupcy filings. The company developed, manufactured, marketed and sold a range of solar electric power generation products, including solar cells, modules, panels and our SunChoiceTM pre-packaged systems for the global marketplace. Solar cells are the core component inside every solar electric power system. AstroPower introduced and launched solar electric panel retail sales for The Home Depot. Products provide an environmentally friendly, reliable energy solution at the point of use and are sold for both off-grid and on-grid applications. AstroPower was acquired by GE Energy in 2004. In off-grid applications, products provide the primary source of electric power for rural homes and villages and supply power for equipment in the telecommunications and transportation industries. In on-grid applications, products provide a renewable source of alternative or supplemental electric power and provide reliable back-up power in the event of a utility outage. In addition to solar power generation product offerings, we sold wholesale solar electric power under long-term purchase agreements through a joint venture with GPU International, Inc.
