Mentarix, Delivering Higher Solar Panel Efficiency, Receives First Round of Financing from BAF Spectrum, Singapore
Singapore, June 4, 2008
Source: BAF Spectrum Pte Ltd press release/CompoundSemi Online
http://compoundsemi.com/documents/view/cldoc.php3?id=10263
Technology to Increase Solar Panel Efficiency by 20% Through Quantum Dot Nanotechnology
Singapore-based seed fund BAF Spectrum Pte Ltd today announced taking a 30 percent stake in Mentarix Pte Ltd, a Singapore-based solar photovoltaic component startup. The investment reflects BAF Spectrum’s strategy to invest in early-stage clean technology companies that provide new and innovative solutions. By utilizing quantum dot nanotechnology and photonic technology, Mentarix plans to design and manufacture products that can increase solar photovoltaic cell operating efficiency by at least 20% from their relative baseline. The technology is applicable to both traditional crystalline silicon cells as well as thin film cells based on cadmium telluride/cadmium sulfide (CdTe/CdS), copper indium gallium selenide (CIGS) and amorphous silicon. (more…)