Solterra Renewable Technologies Inc. says it plans to replace silicon wafer-based solar cells with low-cost, highly efficient quantum dot-based solar cells. The company has acquired the worldwide exclusive license for a patent-pending quantum dot production technology from Rice University.
Using this technology, Solterra has manufactured more efficient and less costly tetrapod quantum dots and will use this technology to produce thin-film quantum dot-based solar cells. This advance will reduce the cost of solar-generated electricity to little more than grid price at today's electricity rates, according to the company.
Solterra is scheduled to begin production scale-up this month, and research and development for optimization methods has begun.
Solterra Renewable Technologies: (604) 569-3184
SOURCE: Solterra Renewable Technologies
