SolCool solar air conditioner maker finds buyer
Martin LaMonica Former Staff writer, CNET News
Martin LaMonica is a senior writer covering green tech and cutting-edge technologies. He joined CNET in 2002 to cover enterprise IT and Web development and was previously executive editor of IT publication InfoWorld.
AquaCell technologies on Monday said it has reached agreement to buy the maker of the SolCool solar-powered air conditioner for an undisclosed sum.
GPM, the manufacturer of SolCool, intends to release an upgrade of its air conditioner later this year which can run on as little as 300 Watts of direct current--the equivalent of a two solar panels. The air conditioner also has back-up batteries in case of power outages.
AquaCell makes water purification technologies and said the acquisition of GPM is part of its strategy to expand into alternative energies.