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Plextronics to Supply Solar Cell Technology to Korea

04 June 2008 | Cell Processing: News From Around The Web | Source: Azonano.com
Plextronics, Inc. announced today that it has signed a non-binding memorandum of understanding (MOU) with Korea Parts & Fasteners (KPF) to create a research and development center for organic photovoltaic process development in Korea. The agreement specifies that Plextronics will focus on advancements in its active layer inks for solar cells and to provide certain baseline device and process technology to the new R&D facility, which will be built outside of Seoul.

Upon reaching a definitive agreement with Plextronics, KPF's role would be to develop advanced process technology using Plextronics' inks and device and process technology.

"Our strategy is to participate in R&D centers with manufacturing customers all over the world who we believe could be major manufacturers of OPV products," said Andy Hannah, CEO of Plextronics. "This venture with KPF is our first step in this strategy."

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