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

Nanometrics to Participate in the 10th Annual CEO Investor Summit 2018: Accredited investor and publishing research analyst event held concurrently with SEMICON West and Intersolar 2018 in San Francisco June 28th, 2018

180 Degree Capital Corp. to Provide Live Remote Access to Its Annual Meeting of Shareholders on June 12, 2018 June 12th, 2018

Nanometrics Updates Time of Webcast at Stifel 2018 Cross Sector Insight Conference June 12th, 2018

Arrowhead Pharmaceuticals to Present at Upcoming June 2018 Conferences May 31st, 2018

Announcements

Tuning into quantum: Scientists unlock signal frequency control of precision atom qubits July 16th, 2018

Nano-kirigami: 'Paper-cut' provides model for 3D intelligent nanofabrication July 13th, 2018

UMBC researchers develop nanoparticles to reduce internal bleeding caused by blast trauma July 13th, 2018

Barium ruthenate: A high-yield, easy-to-handle perovskite catalyst for the oxidation of sulfides July 13th, 2018

Energy

NIST Researchers Simulate Simple Logic for Nanofluidic Computing June 30th, 2018

Northwestern researchers achieve unprecedented control of polymer grids: Materials could find applications in water purification, solar energy storage, body armor June 22nd, 2018

Physicists devise method to reveal how light affects materials: The new method adds to the understanding of the fundamental laws governing the interaction of electrons and light June 15th, 2018

Tripling the Energy Storage of Lithium-Ion Batteries: Scientists have synthesized a new cathode material from iron fluoride that surpasses the capacity limits of traditional lithium-ion batteries June 14th, 2018

Human Interest/Art

Disability Can Be a Superpower in Space Disabled astronauts offer unique solutions to emergencies in space May 17th, 2018

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

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

Nano-kirigami: 'Paper-cut' provides model for 3D intelligent nanofabrication July 13th, 2018

A refined magnetic sense: Algorithms and hardware developed in the context of quantum computation are shown to be useful for quantum-enhanced sensing of magnetic fields July 2nd, 2018

BNAs improve performance of Li-ion batteries June 27th, 2018

Nanomaterials could mean more algae outbreaks for wetlands, waterways: High tech metal particles may inadvertently take a toll on aquatic life June 26th, 2018

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



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project