Konarka "Prints" Solar Cells
Thesis: Massachusettes-based Konarka--one of the hottest companies in the nanotech space--is revolutionizing solar energy technology.
Under the leadership of a Nobel Prize winning chemist, Konarka has developed polymer-based photovoltaic cells as thin as photographic film. Traditional solar panels are on a glass substrate and are, as a result, larger, bulkier, and less pliable. With its lightweight design, Konarka's technology is more suitable for large scale manufacturing and distribution.
Konarka has no shortage of accolades. Among them are the Mass High Tech's 10th Annual All-Star Award, 2005 Popular Mechanics Breakthrough Award, Red Herring 100 Finalist, Red Herring Top 100 Innovators Award, 2004 Silicon East Summit "Company to Watch", Small Times Magazine Best of Small Tech Award, InnovationWorld Top 21 Company, AlwaysOn Top Innovators of 2004, TiECon 2003 Nanotechnology Field Award, and the World Economic Forum Technology Pioneer
The PV market has been growing at a rate of 40% per year for the last five years, and there's no indication of a slowdown. It seems that Konarka may be at the right place at the right time, an not surprisingly, the Company had no problem raising capital during its Series C financing, with a number of top tier VC firms anteing up for the ride. As for the rest of us, we'll have to wait for the IPO.
See a photo of their technology here: 2005 Popular Mechanics Breakthrough Award
Company Website
Indexed By Tags: future, nanotech, nanotechnology, technology, solar power, energy, konarka
Under the leadership of a Nobel Prize winning chemist, Konarka has developed polymer-based photovoltaic cells as thin as photographic film. Traditional solar panels are on a glass substrate and are, as a result, larger, bulkier, and less pliable. With its lightweight design, Konarka's technology is more suitable for large scale manufacturing and distribution.
Konarka has no shortage of accolades. Among them are the Mass High Tech's 10th Annual All-Star Award, 2005 Popular Mechanics Breakthrough Award, Red Herring 100 Finalist, Red Herring Top 100 Innovators Award, 2004 Silicon East Summit "Company to Watch", Small Times Magazine Best of Small Tech Award, InnovationWorld Top 21 Company, AlwaysOn Top Innovators of 2004, TiECon 2003 Nanotechnology Field Award, and the World Economic Forum Technology Pioneer
The PV market has been growing at a rate of 40% per year for the last five years, and there's no indication of a slowdown. It seems that Konarka may be at the right place at the right time, an not surprisingly, the Company had no problem raising capital during its Series C financing, with a number of top tier VC firms anteing up for the ride. As for the rest of us, we'll have to wait for the IPO.
See a photo of their technology here: 2005 Popular Mechanics Breakthrough Award
Company Website
Indexed By Tags: future, nanotech, nanotechnology, technology, solar power, energy, konarka
posted by Clayton at 3:58 PM
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