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1366 Technologies is hosting a grand opening celebration today for the unveiling of its new Lexington, Massachusetts, manufacturing facility. The ground breaking of the new facility will enable the company to start manual production of its silicon solar cells in a six-inch industry standard size. 1366 technologies has originated a new photovoltaic manufacturing process and combined it with a uniquely constructed solar silicon cell with the intent of cutting down on cost of solar power, so that it can be comparable to the cost of coal, by 2012.
“1366 is on an aggressive timeline to drive silicon solar cell electricity below grid parity,” said Bob Metcalfe, a 1366 Technologies Director and General Partner at Polaris Venture Partners. “The opening of our Lexington plant starts us on our way toward high-volume production of less expensive and more efficient solar cells.”
Ian Bowles, Massachusetts Secretary of Energy and Environmental Affairs, is lined up to give the keynote address at the ceremony today with tours of the new facility running throughout the day.
By Syanne Olson
