Octillion Gains Funding for R&D on Silicon Nanoparticles

Vancouver, BC [RenewableEnergyAccess.com] Ongoing research and development (R&D) involving the integration of silicon nanoparticles onto glass surfaces to convert solar energy coming through home and office windows into electricity can continue due to Octillion Corp.’s recent private placement from which it will receive $2,150,000. The company’s R&D is being conducted at fully equipped research facilities at the University of Illinois in Urbana-Champaign (UIUC). These nanosilicon photovoltaic solar cells are created through a unique electrochemical and ultrasound process that produces identically sized (1 to 4 nanometers in diameter) highly luminescent nanoparticles of silicon that provide varying wavelengths of photoluminescence with high quantum down conversion efficiency of short wavelengths (50% to 60%). The process is supported by issued and pending U.S. and foreign patents.