Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > Plextronics' Organic Solar Cell Technology Breaks World Record: National Renewable Energy Laboratory Certifies Cell Efficiency

Abstract:
Plextronics, Inc. announced today that its organic photovoltaic technology achieved a world record in the conversion of solar light to power efficiency. The company's result of 5.4 percent establishes a new world record for single layer organic solar cells as certified by the National Renewable Energy Laboratory (NREL), in Golden, Colorado.

Plextronics' Organic Solar Cell Technology Breaks World Record: National Renewable Energy Laboratory Certifies Cell Efficiency

PITTSBURGH, PA | Posted on August 9th, 2007

Troy Hammond, vice president of products for Plextronics, said that the company began its organic photovoltaic development program less than two years ago, with the support of the Pennsylvania Energy Development Authority.

"Today's world-record performance demonstrates the rapid pace at which our technology is progressing," said Hammond. "We look forward to continuing this advancement until we have enabled low-cost solar cell products with our Plexcore(R) ink system."

According to Shawn Williams, vice president of technology at Plextronics, "NREL is the nation's primary laboratory for renewable energy R&D, and to have their certification of our technology is absolutely vital. Most importantly, in the course of setting the world record, we've also identified clear pathways to further improve our technology."

Plexcore(R) ink systems for organic photovoltaic cells enable the low-cost printing of photo-active and charge carrier layers, which together convert light to power in the organic photovoltaic cell. The ability to print organic photovoltaic cells on glass or plastic drastically reduces the cost of energy compared to silicon solar cell technology. Specifically, Plextronics' technology has the potential to reduce the cost of solar cells below the commercially important threshold of $1 per watt, which is a reduction of up to five times that of crystalline silicon-based solar energy systems.

####

About Plextronics, Inc.
Plextronics, Inc. is a leading innovator of technology for printed electronics. The printed electronics market comprises next-generation light, power and circuitry products, including flexible displays, plastic solar cells and organic RFID tags. The market for printed electronics was approximately $1 billion in 2006 and is expected to exceed $300 billion within 20 years.

With a company vision of enabling 15 billion printed electronic devices by 2015, Plextronics is creating technology capable of commercial-scale performance and manufacturability. The company's device design, process technology and Plexcore(R) branded inks enable the formation of active electrical layers - the key drivers of printed electronics.

Plextronics was founded in 2002 as a spinout from Carnegie Mellon University, based upon conductive polymer technology developed by Dr. Richard McCullough. Over the past five years, Plextronics' team of scientists has refined and further developed this technology to deliver exceptional performance for printed electronics.

Some of the company's recent honors include: 2007 Red Herring Top 100 Company, 2006 Wall Street Journal Technology Innovation Awards Runner-Up, 2006 NREL Clean Energy Entrepreneur of the Year, the 2006 Organic Semiconductor Industry Awards Start-Up of the year, and Top 50 Nanotechnology Start-Up by Lux Research.

For more information, please click here

Contacts:
Lori Lecker
+1-412-562-3929

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

Announcements

NUS researchers invent new test kit for quick, accurate and low-cost screening of diseases: Test results are denoted by a color change and could be further analyzed by a smartphone app, making it attractive as a point-of-care diagnostic device September 19th, 2018

Silver nanoparticles are toxic for aquatic organisms: A research team at the UPV/EHU-University of the Basque Country has analysed how zebrafish are affected in the long term by exposure to silver particles September 19th, 2018

Leti Announces EU Project to Develop Powerful, Inexpensive Sensors with Photonic Integrated Circuits: REDFINCH Members Initially Targeting Applications for Gas Detection and Analysis For Refineries & Petrochemical Industry and Protein Analysis for Dairy Industry September 19th, 2018

Researchers develop microbubble scrubber to destroy dangerous biofilms September 19th, 2018

Energy

Leti Announces EU Project to Develop Powerful, Inexpensive Sensors with Photonic Integrated Circuits: REDFINCH Members Initially Targeting Applications for Gas Detection and Analysis For Refineries & Petrochemical Industry and Protein Analysis for Dairy Industry September 19th, 2018

S, N co-doped carbon nanotube-encapsulated CoS2@Co: Efficient and stable catalysts for water splitting September 10th, 2018

September 5th, 2018

Rice U. lab probes molecular limit of plasmonics: Optical effect detailed in organic molecules with fewer than 50 atoms September 5th, 2018

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

Halas wins American Chemical Society Award in Colloid Chemistry: Rice University nanophotonics pioneer honored for colloid research September 18th, 2018

New photonic chip promises more robust quantum computers September 14th, 2018

A Comprehensive Guide: The Future of Nanotechnology September 13th, 2018

Rice U. lab probes molecular limit of plasmonics: Optical effect detailed in organic molecules with fewer than 50 atoms September 5th, 2018

Solar/Photovoltaic

September 5th, 2018

NUST MISIS scientists present metamaterial for solar cells and nanooptics July 23rd, 2018

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

Team achieves two-electron chemical reactions using light energy, gold May 15th, 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