Canadian Solar to ship 30-40MW of metallurgical grade silicon modules in 2008 - 13 May 2008
Metallurgical solar-grade silicon could reshape PV industry, says PHOTON Consulting - 09 May 2008
Sunovia claims lab breakthrough for commercialization of single crystalline epitaxial CdTe/Si - 12 May 2008
SunPower claims new 23.4 percent solar cell efficiency record - 12 May 2008
SunPower to build 1GW scale fab in Malaysia - 19 May 2008
Evergreen Solar passes $1 billion in order backlog from two new supply deals - 22 May 2008
Spire wins another PV module line order from Russia - 22 May 2008
Applied Materials names new head of Strategic Operations - 22 May 2008
Praxair to supply bulk gases to XsunX - 21 May 2008
Photon Consulting starts solar grade silicon price index - 20 May 2008
1366
Technologies, an MIT spin-off founded by MIT Professor Ely Sachs, has
raised $12 million in first-round funding to bring to market new
developments in multi-crystalline silicon solar cells that is claimed
to boost solar cell efficiency by 25% (from 15 - 19%) while lowering
manufacturing costs. The first-round funding was co-led by North Bridge
Venture Partners and Polaris Venture Partners.
“The science is understood, the raw materials are abundant and the products work,” noted Ely Sachs, Founder and CTO of 1366 Technologies “All that is left to do is innovate in manufacturing and scale up volume production, and that’s just what we intend to do.”
“Once the pilot plant [in Lexington] has proven itself, we’ll work with governments and energy agencies worldwide to build a string of factories,” said Carmichael Roberts, General Partner at North Bridge Venture Partners who is joining 1366 Technologies’ Board of Directors as Chairman.
According to 1366 Technologies, its new ‘Light-Capturing Ribbon’ reflects light back onto the surface of the cell, thus improving conversion efficiencies.
