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Natcore Technology Inc NTCXF

Natcore Technology Inc is a Canada based company. It is a research and development company providing solar cells with improved efficiency and reduced cost. It is focused on using its proprietary nanotechnology discoveries to enable a variety of applications including laser processing, tandem quantum-dot solar cells and its Natcore Foil Cell structure, the development of which eliminates the need to use high-cost silver in mass-manufactured silicon solar cells.


GREY:NTCXF - Post by User

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Post by timmmmmayon Dec 13, 2016 10:28pm
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Post# 25596007

Natcore, Arizona State University have $800,000 grant

Natcore, Arizona State University have $800,000 granthttps://www.stockwatch.com/News/Item.aspx?bid=Z-C:NXT-2430274&symbol=NXT&region=C

 

Natcore, Arizona State University have $800,000 grant

 

2016-12-13 17:04 ET - News Release

 

Mr. Chuck Provini reports

NATCORE TECHNOLOGY NAMED INDUSTRIAL PARTNER IN DOE GRANT

Natcore Technology Inc. will be the industrial partner in an $800,000 SunShot grant awarded to Arizona State University by the U.S. Department of Energy for a project titled "Monolithic silicon module manufacturing at less than 40 cents per watt."

ASU received the grant to develop and demonstrate technology that enables a mass-manufactured solar module that costs less than 40 cents per watt, is 22 per cent efficient, has an annual degradation rate of less than 0.2 per cent and is warrantable for 50 years.

The SunShot Initiative funds co-operative research, development, demonstration and deployment projects by private companies, universities, state and local governments, non-profit organizations, and national laboratories to drive down the cost of solar electricity. Its projects are intended to show a path toward commercialization, hence the partnership between universities, private companies and national laboratories. The National Renewable Energy Laboratory (NREL) is also a partner in this grant. Natcore was selected for this project because it has all the tools needed for complete n/p or p/n homojunction silicon solar cell fabrication, either with standard top/bottom contacts or all-back-contact configurations. The latter capability also applies to any silicon heterojunction structures that may be investigated in the proposed project. The project gives Natcore access to measurement and diagnostic tools for cell and module characterization, as well as to manufacturing quality-control expertise and monitoring systems. Natcore, through its science advisory board and its own two-party agreements, has direct connections with two leading international manufacturers of integrated flex-circuit materials that will enable all-back-contact cells to be integrated into full 60-cell panels with a significant reduction in cell-to-module (CTM) losses. Dr. Dennis Flood, Natcore's co-founder and chief technology officer, and one of the authors of the grant proposal, will be responsible for evaluating the manufacturability of the new flex-circuit-based interconnection schemes implemented by ASU, including determining cell-to-flex-circuit alignment tolerances, evaluating suitable handling and alignment technologies, and tracking the throughput of all module assembly steps. Natcore will commit $25,000 in cost share to this project for this effort at the rate of one month per year (between two scientists).

"This grant will provide Natcore with considerable help with testing, evaluation, cost analysis, etc., at no cost other than in-kind contributions," said Dr. Flood. "For example, ASU will measure cell-to-module (CTM) energy loss on cells that are made in our Rochester lab."

"The CTM figure is a critical component of a solar cell's bottom-line value in the marketplace," said Chuck Provini, Natcore president and chief executive officer. "Currently, CTM losses average from 8 per cent to 10 per cent. We believe that our all-back-contact structure will lower that loss almost to zero. So, any panel manufacturer who uses cells made with our technology will in effect be getting that much more energy at no extra cost.

"We are in good company with this grant," added Mr. Provini. "We have a significant opportunity with this, that can help us with other interactions as well. We have an integral role very early and can have an even bigger one later if we want. The ASU team wants to come to Rochester soon after the first of the year, and wants to work through us with our substrate resource."

Natcore will own any intellectual property for putting the laser-processed back contacts on the cells.

About Natcore Technology

Natcore Technology is focused on using its proprietary nanotechnology discoveries to enable a variety of compelling applications in the solar industry. Specifically, the company is advancing applications in laser processing, black silicon and quantum-dot solar cells to significantly lower the costs and improve the power output of solar cells. With 65 patents (31 granted and 34 pending), Natcore is on the leading edge of solar research.

We seek Safe Harbor.

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