Hybrid Energy Holdings Acquires IP Rights from KS IP Holdings

Hybrid Energy Holdings, a company engaged in the acquisition of profit making energy companies, is currently in the process of acquiring renewable energy companies.

The company has recently acquired intellectual property (IP) rights of photovoltaic (PV) and Solar thermal technologies developed by KS IP Holdings, a company engaged on focusing clean energy technology, as a component of the $18M know-how transfer and united expansion agreement signed. Hybrid Energy Holdings has declared first of its development projects related to the renewable energy sources by utilizing the property rights acquired from KS IP Holdings.

A recently published report from Solarbuzz titled 'United States PV Market 2010’ estimates the solar market to grow up to 4.5-5.5 GW during the current year. This growth is more than 10 times, when compared to the year 2009, with an anticipated annual growth of 30%. The report further indicates the favorable state policies and federal incentives as motivating factor for the growth. The report anticipates a continuous growth in the home segment due to reduced, end market pricing. Hybrid Energy wanted to cash on the growing solar thermal and PV market among the home and business sector with its acquired expertise and skill from KS IP Holdings. In concurrence, the company is entering into co-expansion and dispersion of solar thermal building and conversion products utilized in residential and business purposes.

Hybrid Energy Holdings is planning to make more investments in the fast growing new energy technologies and intellectual property rights in sectors such as energy smart technologies, clean energy, energy sector and carbon capture and storage sectors.

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