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Magnolia Optical To Assit In NASA Solar Cell Development Contract

Indium nitride-based quantum-dot solar cells potentially provide high efficiency (file image only)
by Staff Writers
 Woburn MA (SPX) May 09, 2008
 Magnolia Optical Technologies reports that it will take part in the Kopin led team that has been selected for the award of a solar cell development contract from NASA. The Phase II STTR program will develop indium nitride (InN)-based quantum dot solar cell technology.

"The goal of this STTR program is to develop high-efficiency solar cells that are resistant to extreme conditions while achieving high solar electric power conversion efficiency," said Dr. Roger Welser, Kopin's Director of Technology and New Product Development.

"The advanced solar cell structure incorporating InN-based nanostructures can harness a very large fraction of the solar spectrum while minimizing the effects of high temperatures and high-energy radiation. This technology will enable photovoltaic power systems of future NASA space exploration missions."

Dr. Ashok Sood, President of Magnolia stated that "We are pleased to be part of the Kopin led team and look forward to supporting the NASA Program. Magnolia has collaborated with Kopin on previous GaN based efforts. This work will add to Magnolia's considerable expertise in design and development of high efficiency solar cells. We look forward to future program pursuits in collaboration with Dr. Roger Welser."

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SOLAR DAILY
Real Goods Solar Prices 55 Million Dollar IPO
 Broomfield CO (SPX) May 09, 2008
 Real Goods Solar, Inc. announced today that its initial public offering of shares of Class A common stock has been priced at $10.00 per share. The Company sold 5,500,000 shares in the offering, an increase of 500,000 shares over the previously announced offering size.





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