Natcore Technology Inc NTCXF

FYI Interview with Lawrence Rouston

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TER:Going back to the photovoltaic, one of the companies you told us about when we interviewed you last summerNatcore Technology Inc. (TSX.V:NXT). Could give us an update on Natcore?

LR:On a laboratory scale, Natcore has demonstrated a technology known as tandem cells, which effectively convert twice as much of the sunlight to electricity as conventional commercial photovoltaic cells. They are still some ways from commercializing that. Research and development toward commercializing the tandem cell is under way. This technology relies on a completely new approach to creating the silicon thin films that are the basis of most solar cells and they're right now very close to a deal that will see a commercial application of their Liquid Phase Deposition process in kind of a subsidiary application to the solar cells.

That's going to be a very exciting development because it will see their basic process being commercialized and at the same time they're continuing with the research and development on the tandem cells. It's likely to be a couple of years before the tandem cell work gets into the commercial development stage. But by then their Liquid Phase Deposition process will have been tested in a commercial application and they should be in a good position to move forward fairly quickly. At this stage it's a research and development project, but if it works—and I have a fair level of confidence that it will work—it could have a huge impact on solar photovoltaics.