Press Releases


8/18/2010 - NATCORE TECHNOLOGY TO RETURN TO CHINA TO PRESENT NEW TECHNOLOGY
Written by Administrator   
Wednesday, 18 August 2024 16:00

Natcore Technology to Return to China
To Present New Technology

 

Red Bank, NJ — (Aug. 18, 2010) — Natcore Technology Inc. (TSX-V: NXT; NTCXF.PK), which in June formed a joint venture in Hunan Province that could make solar energy cost-competitive with conventional power, has accepted an invitation to return to China in order to present some of its other technology at a conference in Shandong Province.

Two Natcore Co-Founders, John Calhoun and Andrew R. Barron, will be keynote speakers at the Binzhou International Sustainable and Economic Development Conference, to take place in Binzhou from August 23 to 27. According to their invitation, Binzhou is hosting this conference in order to build relationships “with professionals, corporations and agencies who can set up joint ventures to develop sustainable and other kinds of businesses.”

The 200 attendees, city and provincial officials who want to develop the Yellow River Delta, which includes Binzhou and neighboring cities, will hear 11 speakers representing businesses or educational institutions. Natcore was invited because of its success in establishing a joint venture in Zhuzhou City, a success that the Chinese would like to emulate in Binzhou.

Mr. Calhoun, a Director of Natcore, will describe some of the company’s specific technical capabilities and their potential commercial applications. For example:

• A process using silicon quantum dots with the potential to produce super-efficient (30%+) solar cells;

• Techniques to craft unique sizes and shapes of solar cells that can be applied to a variety of surfaces, which could lead to unusual applications in architecture, mass transit, and textiles;

• A method for coating carbon nanotubes can evolve into flexible or fabric solar cells or into a cloth to deflect x-rays;

• A method for depositing a dielectric thin film on a flexible conductive substrate could allow roll-to-roll fabrication of thin film solar cells and other electronic and optoelectronic devices;

• A liquid phase deposition (LPD) process that can be used to control the emissivity of architectural glass surfaces or for passivating the surface of silicon solar cells.

Prof. Barron, the Charles W. Duncan, Jr.-Welch Endowed Chair of Chemistry and Professor of Materials Science at Rice University, will identify the Rice Alliance, a Houston collaboration between business, government and academia, as a potential model for the development of Binzhou. He will also explain the technology behind Natcore’s portfolio and its usage in clean energy, environment and health.

“While we’re trying to find joint venture opportunities to accelerate Natcore’s growth in our own country, we feel that we can’t ignore opportunities such as Binzhou when they present themselves. We are a public company, and we have obligations to our shareholders,” says Chuck Provini, Natcore’s president and CEO. “When someone approaches us about a joint venture, as they did before Zhuzhou City, we listen to them.” Natcore is headquartered in Red Bank, NJ.

 

John Calhoun, who lives in New Orleans, serves as Managing Director of Fort Hill Resources LLC, a private investment company; Director and organizer of FNBC Bank, the largest De Novo bank in the history of Louisiana; Managing Director of Shadows Bend Court and Oak Grove Senior Living, long-term care facilities; and Managing Director of LEAP Entertainment, an investor and producer of Louisiana-based film and television productions.

 

Based in Houston, Professor Andrew R. Barron is technical consultant to Natcore. The author of over 350 peer-reviewed scientific papers, with nearly 80 focusing on developments in nanotechnology, he was also the first faculty member hired for the Smalley Institute for Nanotechnology, the first such institute in the world. Prior to joining the Rice faculty in 1995, Dr. Barron received his undergraduate and doctorate degrees in chemistry from the Imperial College of Science and Technology in London, performed postdoctoral work at the University of Texas at Austin, and served on the faculty at Harvard University.

 

# # # # #

 

[Add subhead for New Orleans media]

John Calhoun to Keynote Conference

in Binzhou City, Shadong Province. China

[Calhoun photo caption]

New Orleanian John Calhoun, a Director and Co-Founder of Natcore Technology, will be a keynote speaker at the Binzhou International Sustainable and Economic Development Conference, to take place in Binzhou, Shandong Province, China, from August 23 to 27. Natcore is the exclusive licensee, from Rice University, of technology that could make solar energy cost-competitive with conventional power.

[Add subhead for Houston media]

Rice Prof. Andrew R. Barron to Keynote Conference

in Binzhou City, Shadong Province. China

[Barron photo caption]

Prof. Andrew R. Barron, the Charles W. Duncan, Jr.-Welch Endowed Chair of Chemistry and Professor of Materials Science at Rice University, will be a keynote speaker at the Binzhou International Sustainable and Economic Development Conference, to take place in Binzhou, Shandong Province, China, from August 23 to 27. Natcore is the exclusive licensee, from Rice University, of technology that could make solar energy cost-competitive with conventional power.

 

# # # # #

About Natcore Technology Inc.

Natcore Technology is the exclusive licensee, from Rice University, of a thin-film growth technology enabling room-temperature growth of various silicon oxides on silicon wafers in a liquid phase deposition (LPD) process. Although the implications of this discovery for semiconductors and fiber optics are significant and wide-ranging, the technology has immediate and compelling applications in the solar sector. Specifically, Natcore’s LPD process could enable silicon solar cell manufacturers to significantly reduce manufacturing costs and increase throughput, and has the potential to allow, for the first time, mass manufacturing of super-efficient (30%+) tandem solar cells with double the power output of today’s most efficient devices.

Having been independently tested and verified by one of the world’s most respected science and technology laboratories, Natcore’s technology is now in the process of being commercialized.

 
Natcore Technology on “Fox & Friends”
Written by bakergrp   
Monday, 12 July 2024 17:23
Click here to watch > >
Last Updated ( Thursday, 02 September 2024 16:59 )
 
Natcore Technology on “ABC World News with Diane Sawyer.”
Written by bakergrp   
Monday, 28 June 2024 20:36
Last Updated ( Monday, 28 June 2024 20:48 )
 
6/22/2010 - NEW JERSEY SOLAR PIONEER FINALIZES CHINESE DEAL AIMED AT MAKING SOLAR ENERGY COST COMPETITIVE
Written by Administrator   
Thursday, 24 June 2024 14:08

New Jersey solar pioneer finalizes Chinese deal
aimed at making solar energy cost-competitive


Red Bank, NJ — (June 22, 2024) — Natcore Technology Inc. (TSX-V.NXT; NTCXF.PK) has completed an agreement with a Chinese consortium forming a joint venture to develop and produce film-growth equipment and materials that could significantly lower the cost of manufacturing solar cells.

At the heart of the joint venture is Natcore Technology’s patented Liquid Phase Deposition (LPD) technology, licensed from Rice University where it was developed. LPD grows an anti-reflective (AR) film on a substrate in a room-temperature chemical bath, potentially making solar cells significantly cheaper and cleaner to produce. Existing technology uses a high-temperature vacuum furnace to grow the coating, requiring much more energy in the process and much more silicon to achieve the thickness needed to withstand the firing.

The new company, “Natcore China,” is a joint venture between Natcore Technology, based in Red Bank, NJ; the Zhuzhou Hi-Tech Industrial Development Zone, a government-supported zone in Hunan province; and Chuangke Silicon Ltd., a polycrystalline silicon producer. Natcore China will be 55% owned by Natcore Technology, with its partners holding the remaining 45%. The agreement is subject to approval by the Toronto Venture Exchange.

Under this agreement, Natcore China will have a life span of at least 20 years It will have exclusive rights in perpetuity to develop and manufacture the AR coating equipment used in this technology, so long as it meets specified pricing and quality control standards, and to sell it to solar cell producers in China. Natcore China will also have exclusive rights for a period of five years to develop and manufacture this equipment for sale anywhere in the world. The solar cell producers that buy this equipment may sell their output anywhere in the world.

Natcore Technology retains the unrestricted rights to license their LPD technology for all other applications.

Natcore China will be funded by an initial $3 million investment consisting of US$500,000 contributed by Natcore Technology, and US$2,500,000 contributed by the Chinese Partnership.

With the signing of this agreement, Natcore China will immediately begin staffing, retooling and installing equipment in an existing US$250 million facility within the Hi-Tech Zone. They expect that first product shipments will be made within 10 months.

Under the agreement, Natcore China will complete the engineering and production of self-contained, self-replenishing film-growth equipment that will recycle the chemicals and water used in Natcore’s LPD process. Until that is accomplished, however, the Chinese partnership envisions the incorporation of the technology into existing solar cell manufacturing lines through manual replenishment of the chemical bath. Thus Natcore China may be able to serve its first solar cell customers before product development is completed.

Other key elements of the joint venture include:
• Operation in China as a local company, with all intellectual property protections accruing to such a position.
• The ability to fast-track revenues by accepting lead orders in China and throughout the world.

He Jianbo, deputy secretary of the Zhuzhou High-Tech Zone, says “we’re excited about the joint venture. The combination of this American technology and our existing solar capability will help us to change the solar world together.”

“This agreement with China is a big step toward global commercialization for Natcore and a great benefit for our shareholders,” notes Natcore President and CEO Chuck Provini. “The government, through the Hi-Tech Zone, introduced us to several local technology companies and entrepreneurs. Chuangke Silicon Ltd. emerged as the group with the greatest synergy with our technology, and with the capabilities necessary to finalize development and move quickly into production.

“Our joint venture agreement is an example of the opportunities for collaboration between private companies at the urging of government. China has two goals: to lower the cost of solar energy and to clean up the environment. They sought companies that could help them reach those goals. They found Natcore and Chuangke, and they put us together. We look forward to replicating this type of joint venture in the U.S., Canada, and elsewhere for the many other compelling applications of our technology.”

Photo: Chuck Provini, president/CEO of Natcore Technology, with Wu Zengming, president, and Mark Chan, sales manager, of Chuangke Silicon Industry Company, his Natcore China partners at their facility in the Zhuzhou Hi-Tech Industrial Development Zone. Natcore China will immediately start staffing and retooling for the manufacture of liquid phase deposition (LPD) equipment to be used in solar cell manufacturing

Last Updated ( Thursday, 24 June 2024 14:12 )
 
5/10/2024 - NATCORE TECHNOLOGY ISSUED U.S. PATENT FOR LIQUID PHASE DEPOSITION (LPD) TECHNOLOGY
Written by Administrator   
Monday, 10 May 2024 16:06

 

PRESS RELEASE SYMBOL: NXT.V; NTCXF.PK

Natcore Technology Issued U.S. Patent For Liquid Phase Deposition (LPD) Technology

Patent Covers Natcore's Foundational Technology for

Growing Thin Films Necessary in Solar Cells, Semiconductors,

Fiber Optics and Other Vitally Important Applications


Red Bank, New Jersey - (May 10, 2024) - Natcore Technology, Inc. (TSX-V: NXT; NTCXF.PK) is pleased to announce that the U.S. Patent Office has awarded a patent for its proprietary Liquid Phase Deposition (LPD) process for growing films on silicon.

 

Natcore’s LPD process makes it possible to grow a wide range of inorganic materials such as silicon dioxide-based films using a room-temperature, environmentally friendly chemical bath — thereby eliminating the need for harsh and expensive chemical vapor deposition (CVD) methods currently used in industry.

These silicon dioxide films are essential elements of semiconductors, fiber-optic components and solar cells, among other important uses. Natcore’s LPD process is expected to significantly lower manufacturing and environmental costs in many of these applications. The LPD process will also allow for the development of advanced materials and devices that would otherwise be destroyed during the high-temperature CVD process currently being used by industry.

The U.S. Patent Office reports that the basic patent has been assigned the number 7,718,550 and will be issued on May 18. This U.S. patent award provides the Company with intellectual property protection for its LPD invention in the world’s largest and most important market. Natcore’s LPD process had already been granted patent protection in Russia, and is currently in application in other major jurisdictions throughout the world.

“This patent for our signature LPD process strengthens Natcore’s position as a leader in green technologies that are changing the way the world produces energy,” said Chuck Provini, Natcore’s president and CEO. “It is this foundational discovery that allows us to grow revolutionary anti-reflective (AR) films for solar cells, and is the driving force behind our goal of creating super-efficient tandem solar cells.”

Brien Lundin, Natcore’s chairman, notes that “This technology holds tremendous promise not only for solar energy production, but also opens up new frontiers in semiconductors, optoelectronics, ophthalmology, environmental remediation and countless other exciting areas. It has always been our plan to explore and exploit these potential applications in due course.”

As a result of its acquisition of NewCyte Technology in December 2009, Natcore holds three other U.S. patents — one relating to film growth on fullerenes, a second concerning the creation of interfaces between nanoparticles and biological molecules or systems, and a third that has to do with the uses of silica coated carbon nanotubes. A major area where this third patent can be used is for advanced low cost, high performance fuel cells. The Company is continuing to work on patent applications for new technologies and applications being discovered and developed through its research programs at Rice University and Ohio State University.

Other Corporate Updates

The Company is progressing toward a definitive joint venture agreement to create and fund Natcore China (see news release dated February 22, 2024). Drafts of a definitive agreement have circulated between the Company and the Zhuzhou Hi-Tech Industrial Development Zone, with no instances of disagreement as to any of the terms. The High-Tech Zone is currently finalizing its list of prospective local partners for Natcore's review and approval.

Natcore’s research programs at Ohio State University and Rice University continue to advance its LPD technology and tandem cell research. The Company expects to deliver updates on the progress of these programs in the near future.

On behalf of the Board of Directors,

“Charles Provini”

President and Chief Executive Officer

Contact:

Chuck Provini
732-576-8800

This e-mail address is being protected from spambots, you need JavaScript enabled to view it

natcoresolar.com

Statements in this press release other than purely historical factual information, including statements relating to revenues or profits, or the Company’s future plans and objectives, or expected sales, cash flows, and capital expenditures constitute forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company’s business, including risks inherent in the technology history. There can be no assurance that such forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on such statements. Except in accordance with applicable securities laws, the Company expressly disclaims any obligation to update any forward-looking statements or forward-looking statements that are incorporated by reference herein.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

About Natcore Technology Inc.

Natcore Technology is the exclusive licensee, from Rice University, of a thin-film growth technology enabling room-temperature growth of various silicon oxides on silicon wafers in a liquid phase deposition (LPD) process. Although the implications of this discovery for semiconductors and fiber optics are significant and wide-ranging, the technology has immediate and compelling applications in the solar sector. Specifically, the Company’s LPD process could enable silicon solar cell manufacturers to significantly reduce manufacturing costs and increase throughput, and has the potential to allow, for the first time, mass manufacturing of super-efficient (30%+) tandem solar cells with double the power output of today’s most efficient devices.

Having been independently tested and verified by one of the world’s most respected science and technology laboratories, Natcore’s technology is now in the process of being commercialized. Our goal: to make stand-alone solar energy competitive with conventional power generation.

Last Updated ( Monday, 10 May 2024 18:59 )
 
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