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Novagen Solar Inc. (NOVZ) is “One to Watch”

Novagen Solar Inc. is a development stage company that trades on NASDAQ’s OTCBB. The company engages in the marketing, sale, and distribution of a variety of innovative photovoltaic products. These products are for use in a wide range of commercial, industrial and residential solar power generation systems. Novagen Solar Inc. has their headquarters in Toronto, Ontario.

Photovoltaic (PV) systems find use in industrial, commercial, and residential applications to convert sunlight directly into electricity. Higher global energy prices, increased environmental awareness, and the desire for energy security are accelerating the adoption of solar power. Governments worldwide have implemented various tariffs, tax credits, and other incentives designed to encourage the use of solar power. Novagen Solar Inc. is positioning their company to take advantage of these opportunities in the PV industry.

The company’s corporate goal is to enable the next generation of photovoltaics to deliver utility class power. This is with the goal of assisting the world to achieve not just grid-parity, but ultimately, grid-independence. Novagen Solar Inc. plans to generate substantial value for their stockholders while contributing to energy security, social equity, and protection of the ecosystem. They are working to do this through acquiring sales rights to products that are based on leading edge technologies.

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