Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > U.S. Department of Energy to Invest in Silicon Ink Manufacturer Innovalight

Abstract:
Innovalight, Inc., a privately-held company selling silicon ink and advanced solar cell process technology, today announced it has been selected for funding under the SunShot initiative by the U.S. Department of Energy (DOE). Innovalight will receive $3.4 million to accelerate the development and production of silicon ink material and processes for high efficiency solar cells at its operations in Silicon Valley.

U.S. Department of Energy to Invest in Silicon Ink Manufacturer Innovalight

Sunnyvale, CA | Posted on May 21st, 2011

Innovalight manufactures a nanotechnology-based silicon ink and licenses a proprietary process which allows for a simple upgrade to solar cell manufacturing lines to boost the performance of solar cells and lower production costs. The company recently announced supply agreements with several of the largest solar cell manufacturing companies in the world.

"After a hyper competitive selection process, we are thrilled that we were selected for funding by the U.S. Department of Energy," said Conrad Burke, President and CEO of Innovalight. "This endorsement from the DOE for our innovative silicon ink technology which was invented and is exclusively manufactured here in the United States, is very timely for our expansion plans," he added.

The DOE's SunShot Initiative aims to dramatically decrease the total costs of solar energy at the utility, commercial and residential levels by 75% before the end of the decade, making solar energy cost-competitive with conventional forms of electricity without subsidies and enabling widespread deployment of solar energy.

####

About Innovalight, Inc.
Innovalight is based in Sunnyvale, California. The company manufactures silicon ink and licenses a proprietary process technology to solar cell manufacturing companies. Innovalight is venture capital backed and has received additional development funds from the U.S. Dept. of Energy.

About The U.S. Department of Energy's SunShot Initiative

The SunShot Initiative builds on the legacy of President Kennedy's 1960s "moon shot" goal, which laid out a plan to regain the country's lead in the space race and land a man on the moon. To achieve the SunShot goal of reducing the total installed cost of solar electricity by about 75 percent, DOE will be working closely with partners in government, industry, research laboratories and academic institutions across the country. More information can be found at www1.eere.energy.gov/solar/SunShot

For more information, please click here

Contacts:
Innovalight, Inc.
965 East Arques Avenue
Sunnyvale, CA 94085 USA
tel: +1-408-419-4400
fax: +1-408-419-4758

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

News and information

Carbon nanotube optics poised to provide pathway to optical-based quantum cryptography and quantum computing: Researchers are exploring enhanced potential of carbon nanotubes for unique applications June 18th, 2018

Camouflaged nanoparticles used to deliver killer protein to cancer June 17th, 2018

Squeezing light at the nanoscale: Ultra-confined light could detect harmful molecules June 17th, 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

Govt.-Legislation/Regulation/Funding/Policy

Carbon nanotube optics poised to provide pathway to optical-based quantum cryptography and quantum computing: Researchers are exploring enhanced potential of carbon nanotubes for unique applications June 18th, 2018

Camouflaged nanoparticles used to deliver killer protein to cancer June 17th, 2018

Squeezing light at the nanoscale: Ultra-confined light could detect harmful molecules June 17th, 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

Announcements

Carbon nanotube optics poised to provide pathway to optical-based quantum cryptography and quantum computing: Researchers are exploring enhanced potential of carbon nanotubes for unique applications June 18th, 2018

Camouflaged nanoparticles used to deliver killer protein to cancer June 17th, 2018

Squeezing light at the nanoscale: Ultra-confined light could detect harmful molecules June 17th, 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

Patents/IP/Tech Transfer/Licensing

Tunable diamond string may hold key to quantum memory: A process similar to guitar tuning improves storage time of quantum memory May 24th, 2018

Self-assembling 3D battery would charge in seconds May 22nd, 2018

Leti Silicon Photonics Design Kit Available in Synopsis OptoDesigner Suite: Kit Contains Design Rules and Building Blocks for Multi-Project Wafers And Custom Runs on Letiís Si310 Platform April 5th, 2018

NTU scientists create customizable, fabric-like power source for wearable electronics January 30th, 2018

Energy

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

Remote control of transport through nanopores: New study outlines key factors affecting the transfer of molecules through biological channels May 24th, 2018

Team achieves two-electron chemical reactions using light energy, gold May 15th, 2018

Solar/Photovoltaic

Team achieves two-electron chemical reactions using light energy, gold May 15th, 2018

Hematene joins parade of new 2D materials: Rice University-led team extracts 3-atom-thick sheets from common iron oxide May 8th, 2018

Harvesting clean hydrogen fuel through artificial photosynthesis May 3rd, 2018

Research gives new ray of hope for solar fuel April 27th, 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