Quantum dots are semiconductor nanoparticles whose bandgap can be tuned by adjusting their size or composition. From a single material system, the bandgap can be tuned from the visible to the infrared. The quantum dots are processed from solution compatible with high-throughput, cost-effective roll-to-roll processing technologies. This eliminates expensive vacuum deposition, lowers cell and module weight, and associated costs. Our quantum dot material is inorganic and inherently more light- and air-stable than polymers.
QD Solar secures Series A Financing from an international consortium led by DSM
The solar photovoltaic market is one of the fastest growing energy markets in the world, despite the tremendous recent shakeout in the industry. Bloomberg, among others, predicts the solar power industry growing by a factor of 10 by 2030. That growth will occur even as price reductions for crystalline silicon cells slow in the next 5 years. In order for solar energy to succeed in developed markets new technology is needed that can deliver higher efficiencies and lower costs than the today’s standard silicon. Manufacturers seek to differentiate their product by delivering better performance for the same or lower cost.
TORONTO (Feb 13, 2017) — QD Solar announced today the closing of Series A funding led by DSM Venturing with participation from existing investors, KAUST Innovation Fund and MaRS Innovation. QD Solar is a winner of the 2016 SunRISE TechBridge Challenge, a
competition organized by Royal DSM, Fraunhofer, and Greentown Labs to realize innovations in Solar Energy.
The first QD Solar product, an insert into conventional silicon solar panels, has
potential to increase energy output of solar panels by 20%.
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