Prism receives $3,240,000 for solar bifacial ribbon cell technology commercialization

Facebook
Twitter
LinkedIn
Reddit
Email

Prism Solar Technologies and The Solar Energy Consortium (TSEC) have reached an agreement on a US$3.6 million federal grant secured by Congressman Maurice Hinchey’s Office. As a result, Prism Solar will receive US$3,240,000 to manage a project to commercialize its solar bifacial ribbon cell technology that can be utilized with Prism Solar’s Holographic Planar Concentrator (HPC) technology.

The US$3.6 million is included in the fiscal year 2010 Defense Appropriations bill. The parties have reached agreement that the funds will be provided to TSEC for Prism, which will purchase equipment and engage in the R&D of a new PV bifacial ribbon cell.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

“This agreement between Prism and TSEC will support Prism’s development of a high efficiency, bifacial cell technology that complements Prism’s holographic planar concentrator which concentrates light onto solar cells,” said Rick Lewandowski, Prism’s President and Chief Executive Officer. “The project will enable an innovative cell technology that is light-weight and conformable, and therefore useful in off-grid applications such as those needed by the Department of Defense.”

While Prism Solar Technologies is planning to use the product in its second generation of modules, the military and other companies are also said to have shown an interest.

Read Next

July 23, 2024
In the first half of 2024, Italy has installed 3.7GW of new renewable energy capacity, of which 3.3GW came from solar PV.
July 23, 2024
The modules are being shipped to SolarPro, a Bulgarian engineering, procurement and construction (EPC) company which specialises in renewable and hybrid energy projects.
July 23, 2024
LevelTen energy has published its latest report into renewable energy PPA prices, with the average European PPA price falling by 27%.
July 23, 2024
Western Australia has become the second state to sign a Renewable Energy Transformation Agreement with the Federal government, aiming to support renewable energy generation technologies, such as solar.
July 22, 2024
Balcony installations have been growing in Germany since the government streamlined the registration process in April.
Premium
July 22, 2024
The EU and the US are leading efforts to reduce the carbon intensity of PV manufacturing through targeted import tariffs. As well as supporting decarbonisation efforts, such policies could also promote geographic diversification in the solar supply chain and greater supply resilience, writes Michael Parr of the Ultra Low Carbon Solar Alliance.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
July 31, 2024
1:00 PM (BST) / 2:00PM (CEST)
Solar Media Events
September 24, 2024
Warsaw, Poland
Solar Media Events
September 24, 2024
Singapore, Asia
Solar Media Events
October 8, 2024
San Francisco Bay Area, USA