10/15/2010 5:00:00 PM

Wall Street Journal: Moser-Baer To Invest $11.5 Mln In U.S. Clean Energy Plant

Wall Street Journal

MUMBAI (Dow Jones)--Moser-Baer (India) Ltd. (517140.BY) Friday said its U.S.-based unit, Moser Baer Technologies Inc., will invest $11.5 million in a pilot facility that will production energy-efficient organic lighting panels.

Moser Baer Technologies is partnering Universal Display Corp. (PNL) and the Smart System Technology & Commercialization Center of the College of Nanoscale Science and Engineering to set up the project in Canandaigua, New York. Full Article