1366 Technologies & DOE Sign SAI Agreement

1366 Technologies, an MIT spin-off company focused on engineering and manufacturing advanced silicon solar cells, announced the company has been awarded a cost-shared, 18-month subcontract with the National Renewable Energy Laboratory (NREL) and the U.S. Department of Energy (DOE) for the “Self-Aligned Cell: Scaling up manufacture of a cost effective cell architecture for multi-crystalline silicon photovoltaics” project.

The total potential funding from the DOE under the Solar America Initiative (SAI) is up to US $3 million for the project. 1366 Technologies was awarded the agreement after a technology review by a panel of experts under the highly competitive SAI Incubator Program.

“Companies like 1366 are leading innovators in the growing solar space,” said Dr. Brian Keyes of NREL. “We really look to support technologies that can have a significant industry impact and drive down the cost per watt of solar.”

1366 Technologies will use the SAI funds to further develop its Self-Aligned Cell technology which allows cost-effective, scalable manufacturing of multi-crystalline solar cells, the company said. The SAI is focused on accelerating widespread commercialization of clean solar energy technologies by 2015 and will provide the U.S. additional electricity supply options while reducing dependence on fossil fuels and improving the environment.

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