Reusable energy company St. Lawrence Energy Corp. (SLAW.OB) said it signed joint solar energy technology development agreement with National Aeronautics and Space Administration, or NASA. Under the terms of agreement, St. Lawrence and NASA will jointly cooperate in developing next generation solar energy technologies.
St. Lawrence noted that, in partnership with NASA, it expects to develop solar technologies, and solar market growth of 48% annually through 2013, reaching 23 GW, from 4.9 GW in 2008. The solar market is expected to reach $100.4 billion in 2013, up from $33.4 billion in 2008, the company added.
SLAW.OB last traded on November 28 at $0.12 on a volume of 300 shares.
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