references to primary sources . please improve this by adding secondary or tertiary sources . january 2009 learn how and when to remove this template message applied solar solar energy for every rooftop type corporation isin us0382401075 industry technology founded 2005 headquarters solana beach ca united states key people david a. field president and ceo website appliedsolar.com applied solar inc. is a company developing solar energy products and energy management applications especially with photovoltaics for buildings . the company is located in california . history edit in 2005 barnabus energy inc. which was founded in 2002 acquired 20 % of solar roofing systems srs . after that the company changed from developing oil and natural gas projects in western canada to the new technology of renewable energy under the name open energy corp. . senior scientific advisor was dr. melvin l. prueitt who was theoretical physicist at the los alamos national laboratory for more than 30 years . in 2004 the share price was listed with more than 25 us in the nasdaq but declined in the following years . as the solar energy is still the main target the company decided to change its name to applied solar in 2009 . the largest investor is the quercus trust with about 10 percent . 1 applied solar filed for chapter 11 in 2009 converted to chapter 7 in 2010 and sold its assets no disbursement in connection with the liquidation went to shareholders . 2 the company had 17.6 million in assets and 29 million in liabilities . it sold its assets to the quercus trust the secretive investment firm run by david gelbaum . quercus earlier loaned money to applied . no distribution was made to shareholders other than quercus . 3 the officers of applied solar have reopened as oneroof energy inc. dba ore solar . 4 references edit http www.greentechmedia.com articles read the secret life of the quercus trust 5135 http www.prnewswire.com news releases asi liquidating co formerly applied solar inc announces anticipated liquidation 78853157.html http www.greentechmedia.com green light post quercus update applied solar seeks bankruptcy http www.oneroofenergy.com about us retrieved from https en.wikipedia.org w index.php title applied solar & oldid 660529211 categories solar energy companies of the united statesphotovoltaics manufacturersengineering companies of the united statescompanies based in san diego county california2005 establishments in californiahidden categories articles lacking reliable references from january 2009all articles lacking reliable references navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 3 may 2015 at 02 42 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view