Sol Voltaics AB was founded by world renowned nanotechnology expert Lars Samuelson in 2008 in Lund Sweden with the focus to improve the efficiency of energy capture, generation and storage using miniscule amounts of novel nanomaterials. Sol Voltaics pioneering nanowire technology has been developed at the Nanometer Structure Consortium where we enjoy a uniquely close cooperation with scientists at Lund University. Sol Voltaics is a spinout of QuNano AB, headed by well-respected CEO Bo Pedersen, a company created for commercialize research from Lund University. The solar market is the first focus of Sol Voltaics which has taken the seeds of basic nanotechnology research and applying it to dramatically improve the efficiency of solar panels at prices competitive to crystalline silicon.
Sol Voltaics understood from the beginning that concentration was required to improve efficiency at a reasonable cost. But optical and mechanical mechanisms were all less than ideal. Nanowire researchers along with Sol Voltaics engineers demonstrated Wave Concentrated Photovoltaics (WCPV) in 2012. This concentrates the light waves by guiding those waved into the nanowires for absorption, with no mechanical or optical assistance. Sol Voltaics engineers then focused on the development of materials and processes for mass production of these high-performance materials for solar cells. The result is a completely new type technology that can produce materials for solar cells that generates a higher efficiency with an attractive low cost for customers.
Today, Sol Voltaics is commercializing the process technology and materials to realize the promise of much better price-performance solar cells and panels, where all parts of the business can prosper while promoting a clean, solar energy future.
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