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5/6/2010 5:38:35 PM
New Nanotechnology Breakthrough Could Drastically Reduce Solar Costs

Evolution Solar applauded the news that Scientists at the Massachusetts Institute of Technology (MIT) have successfully coated paper with a solar cell, part of a suite of research projects aimed at energy breakthroughs. The paper solar cells are one of many avenues being pursued around nanoscale materials at the Eni-MIT Solar Frontiers Center in Cambridge, Massachusetts. This breakthrough could lead to layers of these materials essentially being sprayed using different manufacturing techniques to make a thin-film solar cell on a plastic, paper, or metal foils. This technology has the potential to revolutionize the solar industry and result in drastic solar cost reductions.

The technique, in which paper is coated with organic semiconductor material using a process similar to an inkjet printer, is a promising way to lower the weight of solar panels. Installations could potentially be done using only a staple gun.

“The new solar technology is moving at light-speed,” stated Robert Hines, President of Evolution Solar. “Costs are the number one inhibitor to solar installations. We expect that new technology will continually produce significant cost reductions for solar as we go forward.”

MIT professor Karen Gleason headed the research and has submitted a paper for scientific review but it has not yet been published. MIT said this is the first time a solar cell has been printed on paper.

Evolution Solar is currently building a solar demonstration site in partnership with Texas Southern University, to be located at the University’s Houston Campus. The project should help Evolution Solar acquire new projects in a sector that is growing to compete in the energy industry, which contains Trina Solar (NYSE: TSL), Clean Energy Fuels Corp. (NASDAQ: CLNE), SandRidge Energy Inc. (NYSE: SD) and Valero Energy Corp. (NYSE: VLO).

Evolution Solar Corporation, (EVSO), commercializes leading edge alternative solar energy technologies and related photovoltaic technologies, equipment and next generation appliances. Evolution Solar is an emerging industry leader capitalizing on its understanding of solar technology and supporting the development of alternative energy plans for large corporations and government organizations. Evolution Solar is also an expert consultant agency to organizations in their strategic and procurement plans for alternative energy contracts with public utilities.

For more information, visit http://www.evolutionsolar.com.

Other Headlines from Evolution Solar Corporation ...
 - New Nanotechnology Breakthrough Could Drastically Reduce Solar Costs

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