Innovalight Achieves Record Efficiency Silicon Ink Solar Cell

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9th September 2009, 02:22pm - Views: 784

Science Research Innovalight, Inc. 2 image


Innovalight Achieves Record Efficiency Silicon Ink Solar Cell

SUNNYVALE, Calif., Sept. 9 /PRNewswire-AsiaNet/ --

           18 percent conversion efficiency of sunlight to electricity

                           independently verified

    Innovalight, Inc., a privately-held firm providing printed silicon ink

solar cell technology, today announced that the company has demonstrated a

record 18 percent conversion efficiency with silicon-ink processed solar

cells. The industry standard size solar cell results were independently

certified by two of the world's recognized solar cell testing centers, the

U.S. Department of Energy's National Renewable Energy Laboratory (NREL) and

The Fraunhofer Institute for Solar Energy Systems (ISE) in Germany.

    Innovalight's proprietary silicon ink and processing technologies allow

crystalline silicon solar cell manufacturers to dramatically boost output

capacity, solar cell performance as well as reduce costs with a simplified

additional step to already installed manufacturing lines. Crystalline silicon

solar cell technology accounts for 86% of the commercial solar panel market

today, according to Paula Mints, principal analyst for Navigant Consulting,

Inc., a leading solar industry research firm.

    "Recently, NREL verified 18% efficiency which is a very significant

achievement," said Martha Symko-Davies, senior program manager at NREL. "We

also are pleased that Innovalight has recently been awarded a $3 million

Technology Incubator subcontract through the National Renewable Energy

Laboratory, funded under the Department of Energy," she added.

    "Innovalight's silicon ink and processing technologies provide a

compelling solution in an otherwise undifferentiated marketplace for solar

cells," said Homer Antoniadis, chief technology officer for Innovalight.

"Optimized for use with industry standard deposition tools, Innovalight's

solution improves the economics of solar cell manufacturing," he added.

    Innovalight is currently working with a number of solar cell

manufacturing companies and is ramping production of silicon ink at its site

in Sunnyvale, California. The company is developing technologies based on

silicon ink to ultimately bring conversion efficiencies of crystalline

silicon solar cells to over 20 percent.

    About Innovalight

    Innovalight is a privately held firm based in Sunnyvale, California.

Based on silicon-ink technology, the company is developing low-cost,

high-performance technologies to produce lower cost solar cells. Innovalight

is venture capital backed and has also received significant development funds

from the United States Department of Energy.

    About National Renewable Energy Laboratories (NREL)

    NREL is the U.S. Department of Energy's primary national laboratory for

renewable energy and energy efficiency research and development. NREL is

Science Research Innovalight, Inc. 3 image

operated for DOE by the Alliance for Sustainable Energy, LLC. For more

information please visit

    About the Fraunhofer Institute for Solar Energy Systems (ISE)

    The Fraunhofer Institute for Solar Energy Systems (ISE) conducts research

on the technology needed to supply energy efficiently and on an

environmentally sound basis in industrialized, threshold and developing

countries. To this purpose, the Institute develops systems, components,

materials and processes in the areas of thermal use of solar energy,

photovoltaic, solar building, electric power supplies, micro-energy

technology, chemical energy conversion, energy storage and rational use of

energy. The institute's work ranges from investigation of scientific

fundamentals for solar energy application, through the development of

production technology and prototypes, to the construction of demonstration

systems. The institute plans, advises and provides know-how and technical

facilities as services. For more information please visit

    SOURCE:  Innovalight, Inc.

    CONTACT: Tim Turpin of Sparkpr



             for Innovalight, Inc.

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