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Octillion To Expand Management Team With Commercial Solar And Photovoltaics Expertise
Vancouver, Canada (SPX) Aug 30, 2007 Octillion has announced plans to bolster its management team with expertise in commercial solar and photovoltaic technologies on the heels of recent significant achievements in the research and development of the Company's first-of-its-kind transparent glass window capable of generating electricity. "The last few quarters have been very exciting for Octillion, having achieved and surpassed several major milestones in the development of our NanoPower Windows," explained Mr. Harmel S. Rayat, President and CEO of Octillion Corp. "It's now time to engage a seasoned management team with specific expertise in the development and commercialization of solar and photovoltaic technologies, that is able to make the most of our success in the lab by moving our technology aggressively along the commercial development path." Recently, Octillion Corp. doubled funding for research and development of its NanoPower Window technology, following news that researchers had successfully created a mechanically stable developmental prototype, a major milestone achievement. Scientists engineered a see-through lab prototype of the window, which, in important tests achieved optically active down-conversion and displayed good electrical properties with no electrical shorts. Key to the development of Octillion's transparent NanoPower Windows is a proprietary spray coating of a silicon nanoparticle film, which is fluorescent and able to convert the sun's energy into electricity. The process of producing these silicon nanoparticles is supported by 10 issued US patents, 7 pending US patents, 2 issued foreign counterpart patents and 19 pending foreign counterpart patents. The process for spraying the silicon nanoparticles onto glass surfaces is unique to Octillion, and is among the Company's major research achievements. Earlier this year, researchers developed a protocol for reliably depositing nanoparticles onto glass surfaces using a proprietary electro spray system able to produce nanofilms of controllable thickness. Importantly, the silicon nanoparticles retained their high efficiency of down conversion of UV light to the visible after being sprayed, a procedure that does not compromise the optical characteristics of the nanoparticles, both in intensity and spectral distribution, a prerequisite for efficient photovoltaic conversion. Last week, a new study published in the American Institute of Physics' Applied Physics Letters, validated the high-energy characteristics unique to the silicon nanoparticles used in Octillion's NanoPower Window. In experiments where these silicon nanoparticles were applied on top of conventional solar cells, researchers observed large voltage enhancements with dramatic increases in power ranging from as much as 60-70% in the ultraviolet-blue (UV) range, and further reported a significant boost in power by as much as 10% in the visible light range - a major accomplishment. About Octillion Corp. Octillion Corp. is a technology incubator focused on the identification, acquisition, development and eventual commercialization of emerging solar energy and solar related technologies. Among our current research and development activities is the development of a patent-pending technology that could adapt existing home and office glass windows into ones capable of generating electricity from solar energy without losing significant transparency or requiring major changes in manufacturing infrastructure. The technological potential of adapting existing glass windows into ones capable of generating electricity from the sun's solar energy has been made possible through a ground breaking discovery of an electrochemical and ultrasound process that produces identically sized (1 to 4 nanometers in diameter) highly luminescent nanoparticles of silicon that provide varying wavelengths of photoluminescence with high quantum down conversion efficiency of short wavelengths (50% to 60%). When thin films of silicon nanoparticles are deposited (sprayed) onto silicon substrates, ultraviolet light is absorbed and converted into electrical current. With appropriate connections, the film acts as nanosilicon photovoltaic solar cells that convert solar radiation to electrical energy. The process of producing silicon nanoparticles is supported by 10 issued US patents, 7 pending US patents, 2 issued foreign counterpart patents and 19 pending foreign counterpart patents. Community Email This Article Comment On This Article Related Links Octillion All About Solar Energy at SolarDaily.com
Go Green Swimming Pools With Clear Water
Phoenix AZ (SPX) Aug 30, 2007AquavidaPools.com is in full swing with a variety of Alternative and Low Energy Efficient products for pool owners looking to "Go Green". The benefits to Go Green are trendy but owners can now become less dependent on high output products using outdated technologies. "Almost every manufacturer has developed enhanced products with low Amperage or Solar pumps to decrease energy bills from homeowners and to increase the value of homes living green," says Thomas Lopez of Aquavida Pools. |
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