From the U.S. National Renewable Energy Laboratory:
Researchers at the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL), collaborating with Innovalight, Inc., have shown that a new and important effect called Multiple Exciton Generation (MEG) occurs efficiently in silicon nanocrystals. MEG results in the formation of more than one electron per absorbed photon.
Silicon is the dominant semiconductor material used in present day solar cells, representing more than 93 percent of the photovoltaic cell market. Until this discovery, MEG had been reported over the past two years to occur only in nanocrystals (also called quantum dots) of semiconductor materials that are not presently used in commercial solar cells, and which contained environmentally harmful materials (such as lead). The new result opens the door to the potential application of MEG for greatly enhancing the conversion efficiency of solar cells based on silicon because more of the sun’s energy is converted to electricity. This is a key step toward making solar energy more cost-competitive with conventional power sources....
From the NREL
Innovalight is private with these VC backers:
ARCH Venture Partners
Harris & Harris Group, Inc.
Sevin Rosen Funds