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US Equity Holdings and technology development company Nano Terra, Inc. today announced the formation of Microline PV LLC, which will develop and commercialize solar photovoltaic (PV) technology.
Developed by Nano Terra, Microline PV's metallization technology will bring significant performance improvements to crystalline silicon PV cells. Microline PV's new technology can be used directly in equipment that is already deployed in nearly every crystalline silicon PV manufacturing facility today. Moreover, the technology is compatible with the most commonly used silver pastes, a key component in the fabrication of PV cells.
"Our initial tests demonstrate the potential for Microline PV's technology to provide a dramatic increase in cell performance while requiring no capital investment in new equipment," said Greg Knight, President of Microline PV. "We are confident that this technology will provide a very substantial increase in cell efficiency and a decrease in cost per watt, which will lead to rapid industry-wide adoption."
Myer Berlow, CEO of Nano Terra, said, "We are thrilled to be partnering with US Equity Holdings to launch this exciting new venture. They have a proven track record in the PV industry, are well capitalized and have considerable experience in bringing game-changing products and technologies like ours to market quickly and successfully."
"Microline PV represents a deepening of our commitment to world-class technologies that have a potentially disruptive impact in renewable energy," said Chester Aldridge, Chairman of US Equity Holdings.
About Microline PV
Microline PV LLC has been formed to commercialize a leading-edge patented solar photovoltaic (PV) technology. Microline PV's licensed technology was developed by Nano Terra, Inc., a nano- and micro-technology development company headquartered in Boston, Mass. Microline PV was founded by investment group US Equity Holdings, whose portfolio companies include Equity Solar Inc., PV Tech Group and Green Edge Ventures. For more information, visit www.microlinepv.com.
About US Equity Holdings:
US Equity Holdings provides a number of advisory services for individuals and companies ranging from start-ups to large publicly traded corporations. The company's areas of expertise include merchant banking, venture capital, investment banking, business planning, strategic planning and business development. For more information, visit www.usequityholdings.com.
About Nano Terra:
Nano Terra, Inc. is a privately held research and development company that has field-exclusive licenses to more than 50 patents on work done by co-founder George Whitesides at the renowned Whitesides Lab at Harvard University, where he is the Woodford L. and Ann A. Flowers University Professor. Whitesides was the winner of the prestigious Benjamin Franklin Medal in Chemistry in 2009.
Key components of Nano Terra's expertise include surface engineering techniques (such as soft lithography, self-assembly and surface chemistry) and the application of novel nanomaterials. Nano Terra assembles structures and chemistries at all length scales (from nano to micro) on flat, curved, smooth, and uneven surfaces made of a broad range of materials, including metals, polymers, oxides, and ceramics. For more information, visit www.nanoterra.com.
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