RoseStreet Labs & Sumitomo Chemical Announce Joint Venture for Full Spectrum Solar Cells
RoseStreet Labs & Sumitomo Chemical Announce Joint Venture for Full Spectrum Solar Cells
Thursday October 26
source: Yahoo Business News
http://biz.yahoo.com/prnews/061026/lath081.html?.v=75
PHOENIX, Oct. 26 /PRNewswire/
RoseStreet Labs, LLC & Sumitomo Chemical Co. Ltd. (Sumitomo) today announced a joint venture, RSL Energy, Inc., for the development and manufacturing of full spectrum solar cells for the renewable energy markets. The joint venture will be headquartered in Phoenix, Arizona.
RSL Energy is commercializing next-generation technology utilizing full spectrum solutions that can potentially achieve practical efficiencies above 48% in both single junction and multi-junction devices. RSL Energy has exclusive patent licenses from both Lawrence Berkeley National Laboratory (Berkeley Lab) and Cornell University for unique semiconductor devices that use a significantly larger fraction of the solar spectrum compared to existing products.