In this message, I’ll bring you up to date on our technology improvements, our search for potential partners and our Best-of-Breed power plant opportunities.
Remember our mantra: increase the efficiency, lower the cost.
We are making progress with improved efficiencies in our laboratory by focusing most of our research efforts on monocrystalline silicon wafers because of their greater efficiency potential. (In fact, the solar industry is now quickly moving to monocrystalline for that reason.)
And we continue to simplify our process. That translates directly to reducing cost at competitive or improved efficiencies in the market….
We are Natcore Technology. We’re a solar R&D company.
And we are creating technology that promises to make solar energy even more cost-competitive with energy derived from fossil fuels.
To reach that goal, we must attain the highest silicon cell efficiencies at the lowest cost. Our technology promises to do both.
So we’re changing how solar cells are made. We have attracted a team of scientists well known for their achievements in the solar industry. We’ve established exclusive licenses and/or joint research agreements with Rice University, the National Renewable Energy Laboratory (NREL), Fraunhofer ISE and the University of Virginia. We’ve received 27 patents (with 36 more pending).
Natcore is aggressively developing two primary technologies:
We’ve not only achieved exciting new scientific advances in these technologies, we’re also now engaging partners who will help us commercialize them.
We plan to generate revenue from these technologies via licensing agreements, royalties and material sales agreements with solar cell manufacturers and equipment producers.
And through our Best-of-Breed program—wherein we leverage our knowledge to function as a consultant on the design and construction of solar cell and panel fabrication facilities and solar farms—we are now generating important revenue to support our R&D efforts.