We recently received a thoughtful e-mail from one of our shareholders, in which he said:
… I just wanted to take a moment to point out an area of possible confusion on my part…regarding the true goal(s) of solar cell development by Natcore. After reading the two most recent press releases…it seems to many that the thrust…is evolving more along the lines of overall cost reduction rather than increases in overall cell efficiency. I am still a believer that the goal is to both increase efficiency and reduce the cost of production…
That’s a bold claim. But consider this: Natcore Technology controls a new thin-film growth process that promises to allow mass manufacturing of tandem solar cells with twice the efficiency of the best solar cells available today.
This would mean that solar energy would finally be cost-competitive with conventional power. And that we can significantly diminish our dependence on fossil fuels.
Moreover, our technology allows for solar cell production that eradicates the need for toxic silane; eliminates the need for intensive energy used to apply the antireflective coating; and significantly lowers silicon usage. But our world-changing technology also promises to have dramatic impact on semiconductor devices; optical components; eyewear; aerospace exploration; and architectural coatings, among other uses. Read More
Static Tandem Solar Cell
Perhaps our most important application: by increasing solar cell efficiency to 30% or more (standard cells are about 17% efficient), tandem solar cells can nearly double solar cell power output. Read More