Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > Sencera Demonstrates 8.7% Efficient Thin-Film Silicon Solar Cell – Completes $15.6 Million Equity Funding Round

Abstract:
Sencera, a manufacturer of thin film silicon based photovoltaic modules, has successfully deposited single-junction silicon solar cells with an initial 8.7% sunlight to electricity conversion efficiency under standard test conditions. As a result, the Company has secured the final $5.2 million of a $15.6 million investment from the California based lead investor Quercus Trust.

Sencera Demonstrates 8.7% Efficient Thin-Film Silicon Solar Cell – Completes $15.6 Million Equity Funding Round

Charlotte, NC | Posted on March 19th, 2009

Sencera's solar device efficiency gain was achieved with process and hardware enhancements to its Viper™ platform. The Viper™ is a proprietary, fully automated, Plasma Enhanced Chemical Vapor Deposition (PECVD) manufacturing platform developed entirely at Sencera. Recent innovations on The Viper™ have improved cell absorption of both blue and red light sections of the solar spectrum resulting in the conversion of more light to electricity. "This efficiency milestone validates our manufacturing platform, and our cost model. We intend to expand our present 1MW research capacity to 35 MW annual capacity over the next two quarters," said Dr. Rusty Jewett, Sencera's CEO.

After two rounds of equity financing, Sencera has fully funded the first manufacturing line without incurring debt. Over 75% of the production equipment and process required to manufacture solar modules is the company's proprietary design. Sencera's capital expenditure is less that $1 per Watt of annual production capacity which correlates to a reduction in panel manufacturing costs. According to CFO Britt Weaver, "Sencera's capital requirement to build a factory is less than one-half the cost of competitors. As a result, Sencera is positioned well for long term price volatility in the solar module marketplace."

Initial company plans include production of a 7% efficient, 106 Watt single-junction amorphous silicon module at the company's 35 MW (Megawatt) solar module factory under construction in Charlotte, NC. Future plans include development of a second generation tandem junction module with a targeted stabilized efficiency over 11%. This will increase manufacturing capacity to 50MW without the purchase of additional equipment.

Solar cell performance was independently confirmed by The Uiversity of Delaware's Institute of Energy Conversion, designated in 1992 a University Center of Excellence for Photovoltaic Research and Education by the Department of Energy.

####

About Sencera
Sencera is committed to increasing the adoption and consumption of carbon-neutral Solar Energy by developing processes and products that effectively compete with traditional sources of electrical generation.

Contacts:
Britt Weaver
704.393.1951

Copyright © Sencera

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

News and information

Heating quantum matter: A novel view on topology: Physicists demonstrate how heating up a quantum system can be used as a universal probe for exotic states of matter August 22nd, 2017

A Tougher Tooth: A new dental restoration composite developed by UCSB scientists proves more durable than the conventional material August 22nd, 2017

Nagoya physicists resolve long-standing mystery of structure-less transition: Nagoya University-led team of physicists use a synchrotron radiation X-ray source to probe a so-called 'structure-less' transition and develop a new understanding of molecular conductors August 21st, 2017

Tokai University research: Nanomaterial wrap for improved tissue imaging August 21st, 2017

Thin films

Rice University chemists make laser-induced graphene from wood July 31st, 2017

Graduate Students from Across the Country Attend Hands-on NanoCamp: Prominent scientists Warren Oliver, Ph.D., and George Pharr, Ph.D., presented a weeklong NanoCamp for hand-picked graduate students across the United States July 26th, 2017

Studying Argon Gas Trapped in Two-Dimensional Array of Tiny "Cages": Understanding how individual atoms enter and exit the nanoporous frameworks could help scientists design new materials for gas separation and nuclear waste remediation July 17th, 2017

Thinking thin brings new layering and thermal abilities to the semiconductor industry: In a breakthrough for the semiconductor industry, researchers demonstrate a new layer transfer technique called "controlled spalling" that creates many thin layers from a single gallium nitride July 11th, 2017

Announcements

Heating quantum matter: A novel view on topology: Physicists demonstrate how heating up a quantum system can be used as a universal probe for exotic states of matter August 22nd, 2017

A Tougher Tooth: A new dental restoration composite developed by UCSB scientists proves more durable than the conventional material August 22nd, 2017

Nagoya physicists resolve long-standing mystery of structure-less transition: Nagoya University-led team of physicists use a synchrotron radiation X-ray source to probe a so-called 'structure-less' transition and develop a new understanding of molecular conductors August 21st, 2017

Tokai University research: Nanomaterial wrap for improved tissue imaging August 21st, 2017

Energy

The power of perovskite: OIST researchers improve perovskite-based technology in the entire energy cycle, from solar cells harnessing power to LED diodes to light the screens of future electronic devices and other lighting applications August 18th, 2017

Freeze-dried foam soaks up carbon dioxide: Rice University scientists lead effort to make novel 3-D material August 16th, 2017

Two Scientists Receive Grants to Develop New Materials: Chad Mirkin and Monica Olvera de la Cruz recognized by Sherman Fairchild Foundation August 16th, 2017

Fewer defects from a 2-D approach August 15th, 2017

Solar/Photovoltaic

The power of perovskite: OIST researchers improve perovskite-based technology in the entire energy cycle, from solar cells harnessing power to LED diodes to light the screens of future electronic devices and other lighting applications August 18th, 2017

Fewer defects from a 2-D approach August 15th, 2017

Controlled manipulation: Scientists at FAU are investigating the properties of hybrid systems consisting of carbon nanostructures and a dye August 8th, 2017

Simultaneous Design and Nanomanufacturing Speeds Up Fabrication: Method enhances broadband light absorption in solar cells August 5th, 2017

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