MEDIA RELEASE PR39296
Innovalight Establishes New Record With Silicon Ink Solar Cells
SUNNYVALE, Calif., Apr. 27 /PRNewswire-AsiaNet/ --
Solar cells achieve 19 percent conversion efficiency of sunlight to electricity
Innovalight, Inc., a privately-held firm selling a platform of silicon ink-based high efficiency solar
cell materials and technology, today announced that the company has achieved a new record of 19
percent conversion efficiency with silicon ink processed solar cells. The conversion efficiency of a
solar cell is the proportion of sunlight energy that a cell converts to electrical energy.
The Fraunhofer Institute for Solar Energy Systems (ISE) in Germany, an official independent solar
cell testing center also measured the results on industry standard size cells made by Innovalight.
Innovalight's proprietary platform, Cougar(TM) offers a readily transferable process to crystalline
silicon solar cell manufacturers that allows them to improve solar cell performance, reduce cost and
boost output
capacity by adding a simple step to already installed manufacturing lines. The opportunity is
significant - this year close to four billion crystalline wafers will be processed into solar cells,
according to Navigant Consulting,
Inc., a leading solar industry research firm.
"We continue to push toward our goal of delivering over 20 percent conversion efficiency to our
customers," said Homer Antoniadis, chief technology officer at Innovalight. "Our patented solar cell
process with silicon ink is simple and optimized for use with silicon wafers and widely adopted
industry printing tools," he added.
Dr. Antoniadis will present these results at the 2010 SNEC 4th International Photovoltaic Power
Generation Exhibition and Conference which will take place from May 5 to 7 in Shanghai, China.
Innovalight is currently working with several solar cell manufacturing companies and is ramping
production of silicon ink in Sunnyvale, California.
In February, the company was awarded a key patent by the US patent and trademark office for
the manufacturing of crystalline wafer solar cells with silicon ink. Innovalight has filed for over 60
patents for silicon ink and high efficiency solar cells using silicon ink processes.
About Innovalight
Innovalight is based in Sunnyvale, California. The company licenses a low-cost, high-performance
solar energy technology using proprietary silicon ink nanotechnology to solar cell manufacturing
companies. Innovalight is venture capital backed and has received additional development funds
About the Fraunhofer Institute for Solar Energy Systems (ISE)
The Fraunhofer Institute for Solar Energy Systems (ISE) conducts research on the technology
needed to supply energy efficiently and on an environmentally sound basis in industrialized,
threshold and developing
countries. To this purpose, the Institute develops systems, components, materials and processes in
the areas of thermal use of solar energy, photovoltaic, solar building, electric power supplies, micro-
energy technology, chemical energy conversion, energy storage and rational use of energy. The
institute's work ranges from investigation of scientific fundamentals for solar energy application,
through the development of production technology and prototypes, to the construction of
demonstration systems. The institute plans, advises and provides know-how and technical facilities
as services. For more information please visit
SOURCE: Innovalight, Inc.
CONTACT:
Tim Turpin of SparkPR,
+1-415-244-9699,
tim@sparkpr.com,
for Innovalight, Inc.
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