Tuesday, April 1, 2008

Startup to process silicon in new smart way (CNET News)

Silicon is used both in semiconductors and solar cells. Because of the boom in the solar energy industry, there has become a shortage of processed silicon, and this bottleneck is holding back the solar cell manufacturers from using their full capacity.

Now a startup company has found a new, more efficient way to process the material, so the production cost for silicon used in silicon solar cells -- which needs not to be as pure as the silicon used for hard drives -- could be reduced. They hope this could help to make the price of solar energy comparable to the grid price of electricity.

They have received $ 20 million in a second round funding and will start manufacturing by the end of the year.

Read the story at

http://www.news.com/8301-11128_3-9908363-54.html?tag=cd.blog

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