new company Solaicx announces cheap solar PV cell technology

 from www.solardaily.com

heres the link, but i included the text of the page for archiving
purposes.
http://solardaily.com/news/solaicx2.html

CONSUMER CHOICE

New Photovoltaic Materials Manufacturer, Solaicx, Breaks the
Cost-Barrier
[SolarDaily.com] LOS GATOS, Calif., Monday November 17, 8:08 am ET
Solaicx Driving Solar Module Costs Down by 75%, Sets Sights on $1.6
Trillion Electricity Market
Until now, one obstacle has prevented the widespread adoption of solar
electricity: its prohibitive cost. But today, the solar industry has
finally reached its tipping point via new technologies that will
enable solar modules to generate electricity at a cost approaching
that of fossil fuel power. A new photovoltaic materials manufacturer,
Solaicx, announces that it has a new manufacturing technology that
will supply its customer, the photovoltaic cell and module
manufacturers, the material to create solar cells with high
conversion-efficiency at very low cost and on a grand-scale.

With eight U.S. patents in-process, Solaicx is attacking the cost
structure of the expensive wafer, the heart of 86 percent of solar
cells made today. Wafers typically account for 50 percent of a
photovoltaic module's cost. The Solaicx solution:


Reduces the amount of silicon used;
Provides higher quality material that enables 21 percent solar cell
conversion efficiency;
Creates the equipment and processes necessary for handling high
volumes of material.
Other photovoltaic technologies, such as polymers, dyes and
nanotechnology, typically offer limited service life and poor
conversion efficiencies. Solaicx' technologies will produce material
that will last decades in the sun and be capable of making very high
efficiency solar cells.
"Our goal from the beginning has been to take a different approach to
making solar electricity cost-competitive," said Bob Ford, CEO of
Solaicx. "Most photovoltaic manufacturing companies use semiconductor
capital equipment to make solar cells. The photovoltaic industry is
growing so rapidly that it has become a materials handling business --
requiring square kilometers of material each year. Solaicx is
designing and building the equipment and process specifically to
produce square kilometers of photovoltaic material. This is the key to
making solar electricity more affordable."

"Our target customers are excited that our material is crystalline
silicon, the material used in the vast majority of solar cells sold
today. It is the ideal material for long-lasting, high efficiency
solar cells. What's more, Solaicx will provide these photovoltaic cell
and module manufacturers with an immense cost advantage."

About Solaicx

Solaicx is a developer of new manufacturing technology, which yields
low cost, high efficiency crystalline silicon photovoltaic materials.
By reducing the cost of photovoltaic materials by 75 percent, Solaicx
is making solar electricity cost-competitive with traditional
non-renewable energy options. (www.solaicx.com)

Media Contacts:

Caroline Venza

Antenna Group for Solaicx

(415) 977-1939

caroline@antennagroup.com


Source: Solaicx

  Looks like a scam to get VC and then go 'enron'
Web site has virtually nothing

    Don't top post ~~~~~ see below

Company team seems to have a valid CV..... Why the VC comment?  You have
other info?

 
perhaps his suspicion is based on all the previous announcements of
cheap PV that turned out to be vapourware.

 Don't bottom post under long prior posts! You are wearing out my scroll
keys.