Solar ♦ news digest
valuation of the POET technology and, most recently, its independent technological validation completed by BAE Systems of a working transistor.
The development of this product is focused currently on increasing the speed and decreasing the energy usage in the general purpose server, desktop and laptop microprocessor markets for consumer applications. Also it can be used in smart phone and computer tablet devices.
Following the AGM, the directors granted incentive stock options to the newly-elected directors of the Company to purchase up to an aggregate of 200,000 common shares, representing 0.2% of the outstanding voting shares of the Company. The stock options are exercisable at a price of CA$0.92 per share, expiring June 21, 2021. The exercise price was the closing price on the day prior to the grant, being June 20, 2011.
There are currently 7,854,250 options outstanding and 92,908,421 voting shares outstanding. The options will vest and be exercisable on the basis of 25% on the date of grant and 25% every six months thereafter. These options were granted subject to provisions of the Company’s stock option plan which was approved by shareholders at the AGM, and are subject to the TSX Venture Exchange policies and the applicable securities laws.
Helmholtz and NREL to collaborate on solar research
Scientists will measure the performance, reliability and thermal stability of different types of solar cells, including CIGS and use electroluminescence, photoluminescence and thermography in characterisation.
German and American researchers will work together more closely on solar energy development as a result of of a Memo of Understanding (MOU) between the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) and the German Helmholtz Association.
The MOU identifies several key solar energy topics to explore for joint research cooperation. Scientists from the two countries will cooperate to synthesise and characterise novel materials that are
Contract signing in Berlin
The MOU was signed in Berlin by NREL Director Dan Arvizu, and leaders of three research institutes within the German Helmholtz Association – the Research Centre Jülich (FZ Jülich), the Helmholtz Centre Berlin (HZB), and the German Aerospace Centre (DLR).
“This agreement promises to advance the state of knowledge and the development of new materials and technologies that will form the basis of next- generation solar cells and solar fuels,” NREL
July 2011
www.compoundsemiconductor.net 81
candidates for more efficient solar cells and solar fuels, including CIGS.
They’ll also develop and use fast imaging techniques to help characterise thin-film materials on the micrometre to nanometre scale, and to characterise in situ growth processes.
They will seek a fundamental understanding of grain boundary/interface passivation in thin-film silicon and search for the potential and limits of wide band-gap thin-film solar cells. Thin films, made of copper, indium, gallium, selenium (CIGS) and other emerging materials, could potentially replace silicon as the most efficient materials in next- generation thin-film solar arrays.
To measure performance and reliability of solar cells and modules, the scientists will use electroluminescence, photoluminescence and thermography. They will also investigate the stability of solar cells by subjecting them to high temperatures and light exposures.
New device structures and lower cost catalysts will also be investigated for the generation of hydrogen in photocatalytic solar fuel generation.
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