05/11/2012

Leading financial news network features company’s breakthrough 3D light trapping solar cell

Solar3D, Inc. (OTC: SLTD) the developer of a breakthrough 3-dimensional solar cell technology to maximize the conversion of sunlight into electricity, was featured in a video segment by Bloomberg TV as a result of the successful completion of a working prototype of its high efficiency silicon solar cell.

“It is gratifying to know that the potential impact of our breakthrough is being recognized by the national media,” said Jim Nelson, CEO of Solar3D. “It represents a certain evidence that we are on the right track in the development of a commercial product.”

The Bloomberg video can be found at the following link:
http://www.bloomberg.com/video/a-new-bright-light-in-solar-energy-production-27eJSUtqRNSk9PSgLMmvTw.html

Solar3D announced earlier this month that it had completed a working, proof-of-concept prototype and that the preliminary performance characteristics exceeded management expectations.
“We were thrilled to see our Solar3D Cell outperform a basic solar cell by producing 250% of the power of the basic cell,” continued Nelson. “Its two key powerful breakthrough features make that possible. First, it is substantially more efficient in producing more power due to its nanoscale 3D light trapping features. Second, a wide-angle light collection feature on the cell surface allows our 3D Solar Cell to collect light at more times throughout the day, month and year, an attribute unique in the solar industry. We believe that conventional solar cell technology, based on a 2D design, has reached its limits and a major breakthrough is required to lower the cost of solar energy. We believe that breakthrough is in 3D light trapping and conversion, and our prototype has successfully demonstrated this possibility.”

Mr. Nelson concluded, “Our total focus now turns toward bringing this breakthrough technology to market. Our next major step will be to produce a manufacturing prototype, which is required to undertake a pilot production run in early 2013. The pilot run will prove our 3D Solar Cell’s performance characteristics in a production environment and lead us to a manufacturing partner and entry into the marketplace by the end of 2013.”

Quelle: Solar3D, Inc./solar3d