Nanotechnology Now

Our NanoNews Digest Sponsors


Heifer International

Wikipedia Affiliate Button

Home > Press > Plextronics Receives $750,000 in Funding to Further Development of Plexcore(TM) PV for Organic Solar Cells

Abstract:
Plextronics, a world leader in developing active layer technology for printed electronic devices,
announced it has received $750,000 in funding from the Sustainable Energy Fund (SEF) of Central Eastern Pennsylvania to further development of Plexcore(TM) PV technology for organic solar cells.

Plextronics Receives $750,000 in Funding to Further Development of Plexcore(TM) PV for Organic Solar Cells

PITTSBURGH, PA | Posted on January 23rd, 2007

Plexcore PV technology is paving the way for the commercialization of organic solar cells as a leading source of renewable energy. Organic solar cells use extremely thin layers of plastic semiconductors, instead of silicon, to absorb light and create electricity. They can be lightweight,
flexible, and can operate well even in low-light conditions. The semiconductors can be printed like inks resulting in a much lower cost of production.

"The Sustainable Energy Fund is pleased to partner with Plextronics in the research and development of photovoltaic and organic lighting projects. These projects are a natural fit with the SEF's mission of developing and investing in economically viable, energy related projects that promote
environmentally sound and sustainable energy use," stated Dennis Maloskey, Chairman of the Program Related Investment Committee.

"The SEF of Central Eastern Pennsylvania is leading the way in efforts to create a diversified energy base by investing in new technologies that will have a dramatic impact on the industry, improve the environment, and create jobs. We are thrilled to have their support. This investment will allow Plextronics to expand our development of Plexcore PV and help us reach our collective goals for solar energy," commented Andrew Hannah, President and CEO, Plextronics.

In March 2006, the West Penn Power Sustainable Energy Fund (WPPSEF) also invested in Plextronics to support the development of Plexcore(TM) HIL for solid-state lighting. Pennsylvania has one of the nation's most progressive alternative energy portfolio standards. It states that by 2020, 18 percent of all retail energy must come from clean, efficient and advanced resources.

####

About Plextronics
Plextronics, Inc. is a world leader in developing and delivering active layer technology for printed electronic devices - OLED displays and lighting, polymer solar cells and plastic circuitry. Active layer technology is the printed conductors and semiconductors that drive device performance. Plextronics has unsurpassed control of polymer design and ink formulation, as well as an intimate understanding of device physics and its impact on device performance. This knowledge is applied to the creation of Plexcore(TM) technology, which is specifically designed for each application to maximize device efficiency and operating lifetime in a cost effective manner. In 2006, Plextronics received the following recognition: A Wall Street Journal Technology Innovation Awards Runner-Up, the Organic Semiconductor Industry Awards Start-Up of the Year, A Top 50 Nanotechnology Start-Up by Lux Research, and NREL Clean Energy Entrepreneur of the Year.

For additional information, please visit http://www.plextronics.com .

About Sustainable Energy Fund of Central Eastern Pennsylvania

The Sustainable Energy Fund (SEF) of Central Eastern Pennsylvania is a non-profit, private organization dedicated to the use of renewable energy, clean energy technologies, energy conservation and education. Founded in 1999 by the Pennsylvania Utility Commission (PUC), the SEF promotes clean and renewable energy initiatives and enterprises to benefit customers within the PPL service territory and throughout Pennsylvania. To learn more, visit their website at http://www.thesef.org .

For more information, please click here

Contacts:
Jennifer Alexander Honig
Executive Director Corporate Communications
412-977-7703

Copyright © PR Newswire Association LLC.

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

Industrial Nanotech, Inc. Provides Shareholder Update August 22nd, 2016

Carbodeon Ltd Oy Closes EUR 1.5 million Funding Round From Straightforward Capital: Carbodeon will accelerate its nanodiamonds business and expand manufacturing capacity August 21st, 2016

Leading Advanced Materials Manufacturer Pixelligent Closes $10.4 Million in Funding: Capital Will Boost Capacity for North American Manufacturing, Drive Asian Expansion, and Continue Innovation in Solid State Lighting and OLED Display Applications August 16th, 2016

Harris & Harris Group to Host a Shareholder Update Call, Including a Presentation by One of Its Precision Health and Medicine Portfolio Companies, Muses Labs, Inc., on August 23, 2016 August 16th, 2016

Announcements

New theory could lead to new generation of energy friendly optoelectronics: Researchers at Queen's University Belfast and ETH Zurich, Switzerland, have created a new theoretical framework which could help physicists and device engineers design better optoelectronics August 23rd, 2016

New flexible material can make any window 'smart' August 23rd, 2016

University of Puerto Rico and NASA back in the news XEI reports August 23rd, 2016

Nanoparticles that speed blood clotting may someday save lives August 23rd, 2016

Energy

New flexible material can make any window 'smart' August 23rd, 2016

Researchers reduce expensive noble metals for fuel cell reactions August 22nd, 2016

Down to the wire: ONR researchers and new bacteria August 18th, 2016

Clusters of Nanoparticles protect against high temperature creep and radiations August 16th, 2016

Human Interest/Art

Weizmann Institute of Science Presents: Weizmann Wonder Wander - 4G - is Online June 21st, 2016

Call for NanoArt and Art-Science-Technology Papers June 9th, 2016

Scientists propose non-animal tools for assessing the toxicity of nanomaterials: Particle and Fibre Toxicology publishes recommendations from expert group meeting April 26th, 2016

Are humans the new supercomputer?Today, people of all backgrounds can contribute to solving serious scientific problems by playing computer games. A Danish research group has extended the limits of quantum physics calculations and simultaneously blurred the boundaries between mac April 14th, 2016

Grants/Awards/Scholarships/Gifts/Contests/Honors/Records

New flexible material can make any window 'smart' August 23rd, 2016

Researchers watch catalysts at work August 19th, 2016

Curbing the life-long effects of traumatic brain injury August 19th, 2016

Lab team spins ginger into nanoparticles to heal inflammatory bowel disease August 19th, 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







Car Brands
Buy website traffic