Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > NanoHorizons™ Signs Exclusive Licensing Agreement with Solarity

Abstract:
NanoHorizons’ patented technology enables inexpensive photovoltaics

NanoHorizons™ Signs Exclusive Licensing Agreement with Solarity for Breakthrough Solar Cell Technology

State College, PA | Posted on August 01, 2006

NanoHorizons™, Inc., an emerging leader in applied nanoscale materials and solutions, announced an agreement with Solarity, a newly-formed developer and manufacturer of photovoltaic cells, for the exclusive use of NanoHorizons’ patented solar cell technology. The specific terms of the agreement were not disclosed. The agreement furthers NanoHorizons’ goal of creating shareholder value by developing nanoscale-engineered solutions to real-world challenges.

The Solar Industry: Ripe for Breakthrough Technology
Solar-generated electrical power using today’s photovoltaics costs 4 to 10 times more than conventional power generation because today’s solar cells are too expensive to broadly deploy. This is due in great part to the commonly-used layered structure of today’s solar cells, which can only absorb and collect a relatively small amount of the solar energy received.

Breakthrough Technology
The licensed technology’s device design utilizes a nanoscale-engineered structure to perform both absorption and collection. This breakthrough enables photovoltaic device builders to use an optimally thick layer of absorption material while simultaneously requiring a collection distance of only tens of nanometers vs. tens of microns in today’s best two-layer cells. This innovation eliminates the impact of absorption layer thickness on collection distance, a fundamental limitation in photovoltaic device design.

“Solar energy development has been held up by barriers inherent in cell design. These barriers have now been broken,” said Stephen Fonash, PhD., founder of NanoHorizons and co-inventor of the patented technology. “Our nanoscale approach enables collection lengths as small as a few tens of nanometers, opening the door to the use of inexpensive materials and fabrication processes, while simultaneously enabling a truly optimized absorption length. This technology is poised to greatly stimulate growth in the solar energy market.”

“While NanoHorizons’ technology portfolio continues to grow, the company has been focusing its own manufacturing and marketing on its SmartSilver™ antimicrobial technology,” said Edward Frymoyer, PhD., Managing Partner, Pulsar Ventures, an investor in NanoHorizons. “Licensing this technology to a capable manufacturer enables fast-track development under terms favorable to shareholders. It is particularly timely in light of the current global energy landscape.”

Solarity Emerges
Solarity’s CEO Doug Neidich notes that “Current solar cell designs involve expensive manufacturing processes, making photovoltaics undesirable in many of today’s markets.” He continues, “Our nanotechnology-based approach offers terrific potential in manufacturing higher-efficiency cells using less expensive materials and high-throughput production lines.”

Solarity currently plans to produce test products within 18-24 months.

####

About NanoHorizon:
NanoHorizons, Inc. focuses on nanotechnology applications in the microelectronics, fiber and textile, and healthcare industries. The company’s research and development team addresses real-world problems with applied nanoscale engineering.

NanoHorizons’ products and application introductions include: SmartSilver™ and other commercially available nanoparticle-based additives; SmartSilver antimicrobial fibers; QuickMass™, which addresses the need for more cost-effective pharmaceutical research and increased drug discovery capacity; and, nano-materials for high-performance flexible electronics, solar cell technology, environmental control and medical applications.

For more information, please click here.

Contact:
Nicolas A. Boillot
NanoHorizons
781-893-0053
nboillot@nanohorizons.com

Copyright © NanoHorizon

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

Investments/IPO's/Splits

Harris & Harris Group Issues Reminder for Shareholder Update Call on January 10, 2017 January 10th, 2017

Arrowhead Provides Response to New Minority Shareholder Announcement January 7th, 2017

Harris & Harris Group Announces a Proposed Strategic Restructuring December 20th, 2016

Harris & Harris Group Issues Letter to Shareholders and Information for Shareholder Call on Tuesday, November 15, 2016 November 14th, 2016

Materials/Metamaterials

Dressing a metal in various colors: DGIST research developed a technology to coat metal with several nanometers of semiconducting materials January 17th, 2017

NUS researchers achieve major breakthrough in flexible electronics: New classes of printable electrically conducting polymer materials make better electrodes for plastic electronics and advanced semiconductor devices January 14th, 2017

Manchester scientists tie the tightest knot ever achieved January 13th, 2017

Nanoscale Modifications can be used to Engineer Electrical Contacts for Nanodevices January 13th, 2017

Announcements

Dressing a metal in various colors: DGIST research developed a technology to coat metal with several nanometers of semiconducting materials January 17th, 2017

Nanoparticle exposure can awaken dormant viruses in the lungs January 17th, 2017

Nanoscale view of energy storage January 16th, 2017

Seeing the quantum future... literally: What if big data could help you see the future and prevent your mobile phone from breaking before it happened? January 16th, 2017

Energy

Dressing a metal in various colors: DGIST research developed a technology to coat metal with several nanometers of semiconducting materials January 17th, 2017

Stability challenge in perovskite solar cell technology: New research reveals intrinsic instability issues of iodine-containing perovskite solar cells December 26th, 2016

Nanoscale 'conversations' create complex, multi-layered structures: New technique leverages controlled interactions across surfaces to create self-assembled materials with unprecedented complexity December 22nd, 2016

Safe and inexpensive hydrogen production as a future energy source: Osaka University researchers develop efficient 'green' hydrogen production system that operates at room temperature in air December 21st, 2016

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project